Government Streamlines Environmental Clearances, Exempts Certain Industries from Consent to Establish
The Central Government has amended the Air (Prevention and Control of Pollution) Act, 1981, and the Water (Prevention and Control of Pollution) Act, 1974, to exempt certain categories of industries from obtaining consents.
India’s Drug Pricing Policy Focuses on Essentiality and Market-Based Mechanisms
The policy emphasizes several key principles, including regulating prices based on the essentiality of drugs, focusing price controls on consumer-level formulations (medicines) rather than bulk drugs or intermediates, and using market-based pricing mechanisms instead of cost-based pricing.
Measures To Maintain Quality Of Education In Pharmacy Sector
PCI has prescribed a maximum ratio of 1:20 for both theory and practical classes for Bachelor of Pharmacy (B.Pharm) courses.
Government Issues Uniform Code to Regulate Pharmaceutical Marketing Practices
The Department of Pharmaceuticals has released the Uniform Code of Pharmaceutical Marketing Practices 2024, effective March 12, 2024, to curb unethical marketing and promote responsible pharmaceutical product promotion. The code focuses on regulating interactions between doctors/registered medical practitioners (RMPs) and pharmaceutical company representatives.
SIF Editing Window Opens for Pharmacy Institutions
The Pharmacy Council of India (PCI) has announced a seven-day window for medical institutions to make modifications to their submitted Standard Inspection Format (SIF). Institutions that submitted their SIF and completed payment by January 31, 2025, can now edit their forms from February 4, 2025, to February 10, 2025.
Delhi Declares Public Holiday- Legislative Assembly Election
Delhi Government announces February 5, 2025, as a public holiday for the General Election to the Legislative Assembly, ensuring voter participation.
DGS Focuse On Health, Insurance, and Well-being of Seafarers
DGS addresses the welfare of Indian seafarers by focusing on health, insurance, and mental well-being, while gathering data for tailored support solutions.
UGC Reaffirms Strict Anti-Ragging Measures for HEIs
UGC urges educational institutions to enforce anti-ragging rules, with mandatory steps like awareness campaigns, monitoring, and legal actions for severe cases.
₹2000 to be withdrawn: Final Opportunity for exchange
The facility for exchange of the ₹2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices)1 since May 19, 2023. From October 09, 2023, RBI Issue Offices are also accepting ₹2000 banknotes from individuals / entities for deposit into their bank accounts. Further, members of the public are sending ₹2000 banknotes through India Post from any post office within the country, to any of the RBI Issue Offices for credit to their bank accounts.
How to prepare audit report on digital assurance: Technical guide
The Securities and Exchange Board of India (SEBI) issued a draft circular inviting public comments on the “Management Statement and Auditor’s / Independent Practitioner’s Report on Digital Assurance based on Information Obtained from External Data Repositories.” This initiative, developed in collaboration with the Institute of Chartered Accountants of India (ICAI), aims to bolster financial reporting by incorporating digital assurance mechanisms.
