psu-news
Will not sell BCPL HAL to foreign companies Govt
NEW DELHI .Govt on Friday said it will not sell sick pharma Public Sector Udertakings (PSUs) — Bengal Chemicals and Pharmaceuticals (BCPL) and Hindustan Antibiotics (HAL) — to foreign firms and closure of Indian Drugs and Pharmaceuticals (IDPL) and Rajasthan Drugs & Pharmaceuticals (RDPL) will not affect domestic capacities.
There will not be any shortage of medicines in the country because of this move, Minister of State for Fertiliser Mansukh L Mandaviya said, adding the domestic pharma industry was growing at an over 12 per cent per annum rate and the government has come out with several schemes to provide drugs and medical devices at affordable rates.
During Question Hour in Rajya Sabha, some members of Congress, Communist Party of India (CPI), CPI(M) and Dravida Munnetra Kazhagam voiced concern over the government's decision to sell BCPL and HAL and closing down of IDPL and RDPL. Business-standard
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