Wednesday, September 17, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Government extends Schedule M implementation deadline till year-end for small, medium pharma firms

by zee business
February 13, 2025
in Business
Reading Time: 5 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


The federal government on Wednesday prolonged the due date for implementation of revised Schedule M — good manufacturing practices provision, for small and medium pharmaceutical corporations with turnover of Rs 250 crore or much less, until the tip of this 12 months.

The Ministry of Well being & Household Welfare has given three months from February 11, 2025, to the small and medium pharmaceutical corporations to submit their plan for upgradation to the central license approving authority with a purpose to be eligible to qualify for Schedule M deadline extension, the ministry stated in a launch.

The ministry additional stated it has conditionally prolonged the due date for implementation of revised Schedule M, the great manufacturing practices provision, in respect of small and medium producers having turnover of Rs 250 crore or much less, as much as December 31, 2025.

On December 28, 2023, the Centre notified revised ‘Schedule M’ necessities whereby “good manufacturing practices” was upgraded to “good manufacturing practices and necessities of plan and gear for pharmaceutical merchandise”.

Below this, producers had been divided into two teams with the primary class of huge producers having turnover greater than Rs 250 crore. A timeline of six months was given to such producers for compliance and the revised Schedule M necessities have been applied for these producers from June 28, 2024.

For small and medium producers with turnover lower than or equal to Rs 250 crore, a timeline of 12 months was given for compliance.

“Small and medium producers had represented for extension of timeline to allow enchancment in infrastructure, coaching of personnel and arranging monetary assets,” the ministry stated.

It added, “The identical has been thought of and the small and medium producers have been given a time of three months from February 11, 2025, to submit their plan for upgradation in Type A to the Central License Approving Authority. For such producers who submit these particulars, the timeline of implementation can be prolonged until December 31, 2025.” 

The revised Schedule M necessities are a constructive step in the direction of guaranteeing the standard and security of pharmaceutical merchandise being manufactured in India, the ministry stated.

The brand new laws would allow the pharma firms to not solely strengthen their home place but additionally grow to be extra aggressive globally, it added.





Source link

Tags: DeadlineextendsFirmsgovernmentImplementationmediumPharmascheduleSmallyearend
Previous Post

Fed’s Powell sees a ways to go on shrinking Fed holdings

Next Post

Dow Jones Evaluation: Inflation Influence And Market Restoration

Related Posts

From RailTel, Coal India, MCX, BEL to Maharashtra Seamless, stocks to track on September 17

From RailTel, Coal India, MCX, BEL to Maharashtra Seamless, stocks to track on September 17

by zee business
September 17, 2025
0

Shares to Monitor on September 17: Home fairness benchmarks registered sharp positive factors on Tuesday amid positive factors in monetary...

Trump Extends Deadline To Secure TikTok Deal Until December 16

Trump Extends Deadline To Secure TikTok Deal Until December 16

by Bloomberg News
September 16, 2025
0

President Donald Trump once more prolonged the deadline for TikTok’s Chinese language mother or father ByteDance Ltd. to divest the...

PM Modi thanks Trump for birthday wishes, pledges stronger India-US partnership

PM Modi thanks Trump for birthday wishes, pledges stronger India-US partnership

by Euro Times
September 16, 2025
0

| Photograph Credit score: ALEXANDER DRAGO/Reuters PM Modi speaks to President Trump. Thanks, President Trump, in your cellphone name and heat...

China alleges Nvidia violated antitrust laws in buying Mellanox

China alleges Nvidia violated antitrust laws in buying Mellanox

by Assaf Gilead
September 16, 2025
0

The Chinese language authorities has introduced that Nvidia violated enterprise antitrust legal guidelines when it acquired Israeli firm Mellanox...

Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets

Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets

by Euro Times
September 16, 2025
0

Gold worth surged Rs 1,800 to the touch a recent peak of Rs 1,15,100 per 10 grams within the nationwide...

Contact Energy Limited (COENF) Shareholder/Analyst Call Transcript

Contact Energy Limited (COENF) Shareholder/Analyst Call Transcript

by SA Transcripts
September 16, 2025
0

Operator I've the privilege this morning of opening our assembly with a brief acknowledgment and blessing. Following that, we'll --...

Next Post
Dow Jones Evaluation: Inflation Influence And Market Restoration

Dow Jones Evaluation: Inflation Influence And Market Restoration

Ripple CEO Comments On Brian Quintenz’s Nomination For CFTC Role

Ripple CEO Comments On Brian Quintenz’s Nomination For CFTC Role

U.S. Army shuts down longtime ISR workhorses

U.S. Army shuts down longtime ISR workhorses

September 17, 2025
State pension age could rise to 80 unless major government reform made, expert warns

State pension age could rise to 80 unless major government reform made, expert warns

September 17, 2025
A profile of Song-Chun Zhu, an AI scientist and NSF and Pentagon grantee, who left the US after 28 years to lead China's state-backed AI institute BIGAI in 2020 (Chang Che/The Guardian)

A profile of Song-Chun Zhu, an AI scientist and NSF and Pentagon grantee, who left the US after 28 years to lead China's state-backed AI institute BIGAI in 2020 (Chang Che/The Guardian)

September 17, 2025
Mexico celebrates historic Independence Day led by first female president | Independence News

Mexico celebrates historic Independence Day led by first female president | Independence News

September 17, 2025
September 2025 Commentary And Economic Outlook

September 2025 Commentary And Economic Outlook

September 17, 2025
From RailTel, Coal India, MCX, BEL to Maharashtra Seamless, stocks to track on September 17

From RailTel, Coal India, MCX, BEL to Maharashtra Seamless, stocks to track on September 17

September 17, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

U.S. Army shuts down longtime ISR workhorses

State pension age could rise to 80 unless major government reform made, expert warns

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In