Search Result for : Ayush

The Dollar Business Bureau AYUSH Minister Shripad Yesso Naik has sought for inputs and suggestions from researchers and practitioners of Ayurveda from across the world, which may be included in the Ministry’s works with regards to streamlining the practice and study of this India’s traditional health sciences. “AYUSH Ministry is taking concerted efforts for systematic development of Ayurveda and other traditional medicines, stated Naik while speaking at the 7th World Ayurveda Congress, held in Kolkata last week. The Minister also administered an oath amongst the practitioners and researchers of Ayurveda for concertedly working to develop and make popular the Ayurveda practice, which is a traditional system of health care developed in the ancient India. In the last two decades, interest has ...

The Dollar Business Bureau In view of the growing global demand for the medicinal and aromatic plants, there is a need to promote agri-entrepreneurship in Medicinal and Aromatic Plant (MAP) cultivation in India. This was stated by Harsh Vardhan, Union Minister for Science & Technology and Earth Sciences on April 12, 2015. Highlighting India’s potential of becoming leading supplier in the MAP sector, the Minister informed that the government’s efforts are underway in encouraging research and development of credible products of MAP, in view of the sector’s global demand. “India is already a big player in the international market for medicinal and aromatic plants. The government is giving technological support through enhanced R&D. The future is very bright,” ...

The Dollar Business Bureau Despite sincere efforts by the National Medicinal Plants Board (NMPB) under Ministry of Ayurvedic, Unani, Siddha and Homoeopathy (AYUSH), Government of India, to ensure overall development of medicinal plants, the industry still perceives difficulties in procurement of the same. According to the Ministry of AYUSH, certain medicinal plants are threatened and endangered, thereby resulting in shortage of supply. Because of this reason, the industry finds it difficult in the procurement of medicinal plant materials like Guggul (Commiphora wightii), Katuki (Picrorrhiza Kurroa), Kuth (Saussurea lappa), Jatamansi (Nardostachys Jatamansi), among many others, informed the Shripad Yesso Naik, Minister of State, AYUSH, on Friday. Under NMPB, the government’s developmental activities under promotion of medicinal plants include conservation, cultivation, processing ...

Sai Nikesh | The Dollar Business  In a move to boost pharmaceutical industry, the Government of India is working towards the promotion of exports, especially by the micro and small enterprises of the pharma sector. This was informed by the Union Commerce Minister, Nirmala Sitharaman on Wednesday. The Union Minister informed that the Central Drugs Standard Control Organization (CDSCO) was unaware of the fact that majority of small pharma manufacturers are working for bigger pharmaceutical units which export the same under their brand name. In this regard, the government has taken various measures to promote exports by small and medium pharmaceutical manufacturers, which includes financial assistance through Pharmaceuticals Export Promotion Council of India (Pharmexcil), she added. Under the Market Development Assistance ...

The Dollar Business Bureau Prime Minister, Narendra Modi meeting the President of Mauritius, Mr. Rajkeswur Purryag. Image Source: @narendramodi   The Governments of India and Mauritius on Wednesday underwent key agreements and signed Memorandum of Understanding (MoU) for cooperation in various issues aimed at strengthening the bilateral relation, especially in terms of maritime cooperation in the Indian Ocean Region (IOR). In a move towards achieving stronger infrastructure cooperation, both the sides signed a MoU for setting up and upgradation of infrastructure for improving sea and air connectivity at Agalega Island, the outer island of Mauritius. The MoU for infrastructure cooperation was also expected to enhance the capabilities of the Mauritian Defence Forces in safeguarding their interests in the outer island. Under ...