IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
YesNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoOn 21 March 2020, the Indian Union Cabinet of Ministers approved two schemes to promote domestic manufacturing of Key Starting Materials/Drug Intermediates and Active Pharmaceutical Ingredients. One scheme is for the development of common infrastructure facilities and the other to incentivize domestic production of certain drugs.
The Indian financial year begins on 1 April and has been considered as the state for the above scheme as well.
* INR to USD as on 21 March 2020 - INR 75.42/USD
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