Which Union Ministry implements the “Strengthening of Pharmaceutical Industry (SPI)” scheme? [A] Ministry of Health and Family Welfare[B] Ministry of Chemicals and Fertilizers[C] Ministry of Home Affairs[D] Ministry of Heavy Industries
Option B) Ministry of Chemicals and Fertilizers.Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers implements the “Strengthening of Pharmaceutical Industry (SPI)" scheme. The Department has released guidelines for the scheme “Strengthening of Pharmaceutical Industry (SPI)", with a total financial outlay of Rs.500 Cr for the period from FY 21-22 to FY 25-26. The objectives of the scheme are to strengthen the existing infrastructure facilities in Pharma Sector.