The National Medicinal Plants Board (NMPB), Ministry of AYUSH has signed an MoU with the major AYUSH and Herbal industry bodies to promote medicinal plant cultivation. Through this, Ministry of AYUSH would provide the sustainable supply of quality raw material to AYUSH, Nutraceutcial and Herbal industry. The industry assured the NMPB that they will provide the buy-back guarantee to the farmers / gatherers on the NMPB supported medicinal plant cultivation and collection programs.
The industry bodies which signed the MoU include ADMA (Ayurvedic Drug Manufacturer’s Association), Mumbai; AMAM (Association for Manufactures of Ayurvedic Medicines), New Delhi; AMMOI (Ayurvedic Medicines Manufacturers Organization of India), Thrissur; AHNMI (Association for Herbal and Nutraceutical Manufacturers of India), Mumbai; FICCI (Federation of Indian Industries), New Delhi and CII (Confederation of Indian Industry), New Delhi.
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