India to promote manufacturing of medicinal plants
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 ...
Ayurveda gets a boost in India, but export hurdles remain
The new governments plans to identify new markets and promote Ayurvedic medicines globally, but can it address the real problem of regulatory bottlenecks in the West? Sachin Manawaria | @TheDollarBiz Ayurveda is perhaps the oldest form of medical treatment and is getting popular in both India and overseas due to its holistic approach, low cost and lack of side effects. However, making it a major export product remains a challenge for India, particularly in entering markets such as USA. The Modi government has announced several measures to promote Ayurveda and Ayurvedic medicines as a part of its national preventive health care policy. It has allocated Rs.5,000 crore to the Department of Ayurveda, Yoga & Naturopathy, Unani, Siddha & Homeopathy (AYUSH), up significantly compared ...
