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.
Important takeaways for all competitive exams:
India has launched the Logistics Port Performance Index (LPPI) and several digital governance initiatives. It…
Respectable Defense Minister of India Rajnath Singh has released the a commemorative volume on the…
The Department of Financial Services (DFS) under the Ministry of Finance has launched the Common…
The world observes the International Day of United Nations Peacekeepers on 29th May every year…
The Government of India has notified the new Special Economic Zones (SEZs) in the Union…
The Reserve Bank of India (RBI) and the State Bank of Vietnam (SBV) has signed…