Sixth Edition of the National Formulary of India (NFI) launched

Pharmaceutical sector of India proved its mettle once again in the COVID-19 pandemic. In this regard, discuss the challenges that the sector still faces. Suggest measures to deal with the challenges. (250 words)

Approach:

• Introduce by describing the scenario of the pharma industry in India. Give stats about contribution to GDP and exports
• Discuss the challenges in the industry
• Enumerate suggestions to support the industry, highlighting any recent government measures
• Conclusion