In November 2024, which ministry launched the “Scheme for Strengthening the Medical Device Industry”?
Ministry of Chemicals and Fertilizers
The Scheme for Strengthening the Medical Device Industry was launched on 8 November 2024 by the Department of Pharmaceuticals, which functions under the Ministry of Chemicals and Fertilizers.
The scheme, with an outlay of about Rs 500 crore, supports common facilities, marginal investment for critical components, capacity building, clinical studies and industry promotion for domestic medical device makers.
The Ministry of Health and Family Welfare regulates health services, while Commerce and Industry and Consumer Affairs deal with trade and food distribution; none of them launched this scheme.
Hence, Ministry of Chemicals and Fertilizers.
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