Substandard drugs on a decline amid crackdown
Business Standard|October 02, 2024
The first of a two-part series focuses on how quality audits and regulatory actions on pharma units nationwide are showing results
SOHINI DAS
Substandard drugs on a decline amid crackdown

The percentage of non-standard quality (NSQ) drugs in tested samples has been steadily declining, pointing to improvements in quality assurance. Simultaneously, efforts to crack down on spurious medicines are intensifying, with a rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.

Data reveals that the share of NSQ drugs in tested samples has nearly halved — dropping from around 5 per cent in 2014-15 to 2.8 per cent in 2021-22, according to an answer given in the Lok Sabha by Bharti Pravin Pawar, then minister of state for health and family welfare, in February last year.

Meanwhile, the number of spurious drugs flagged in random sample tests surged from 83 in 2014-15 to 379 in 2021-22. The overall number of samples tested also increased from 74,199 in 2014-15 to 88,844 in 2021-22. Alongside this, prosecutions and arrests have seen a sharp uptick, with cases of prosecution rising from 152 in 2014-15 to 592 in 2021-22, and arrests climbing from 85 to 450 during the same period, shows data in Lok Sabha answers.

Diese Geschichte stammt aus der October 02, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 02, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS STANDARDAlle anzeigen
Industry bodies urge FinMin to ease TDS rate structure
Business Standard

Industry bodies urge FinMin to ease TDS rate structure

Proposal seeks to lessen compliance burden on taxpayers and avoid litigation

time-read
1 min  |
November 08, 2024
After SC rap, Centre doubles penalty for stubble burning
Business Standard

After SC rap, Centre doubles penalty for stubble burning

Burning issue

time-read
1 min  |
November 08, 2024
Business Standard

Proactively made all disclosures, recusals: Sebi WTM on Cong's charges

Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.

time-read
1 min  |
November 08, 2024
Business Standard

Market regulator may water down skin-in-game rules for MF executives

The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.

time-read
1 min  |
November 08, 2024
Business Standard

MSCI adds 5 Indian stocks to key index

MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.

time-read
1 min  |
November 08, 2024
Trump's triumph: Will bulls run amok and gold, silver sparkle?
Business Standard

Trump's triumph: Will bulls run amok and gold, silver sparkle?

Top brokerages highlight opportunities, risks, and contradictions the new administration may offer

time-read
3 Minuten  |
November 08, 2024
REIMAGINING ROLE OF AGRICULTURE
Business Standard

REIMAGINING ROLE OF AGRICULTURE

In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics

time-read
6 Minuten  |
November 08, 2024
Inside the world of mad billionaires
Business Standard

Inside the world of mad billionaires

Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.

time-read
3 Minuten  |
November 08, 2024
Business Standard

Funding education

Easy financial assistance is not enough

time-read
2 Minuten  |
November 08, 2024
Business Standard

Policy approach

RBI is acting selectively and with care

time-read
2 Minuten  |
November 08, 2024