In News: MSMEs have availed the benefit under erstwhile PTUAS scheme.
PTUAS scheme:
PTUAS is a credit linked scheme.
It is a sub-scheme under the Scheme – Strengthening of Pharmaceutical Industry (SPI).
SIDBI is the Project Management Consultant (PMC) of the scheme
Aim – to facilitate MSMEs of proven track record to meet national and international regulatory standards (WHO-GMP or Schedule-M)
It includes interest subvention or capital subsidy on their capital loans, which will further facilitate the growth in volumes as well as in quality
It is envisaged to support about 400 Pharma MSME units under this sub-scheme during the scheme tenure.
Further, one national and 10 State level outreach events were conducted, involving the State Governments and Pharma Industry Associations for maximum outreach and awareness for larger participation by Pharma MSME industries to avail the scheme benefits.
