Kautilya

Approvals Accorded under PLI Scheme for Domestic Manufacturing of critical Key KSMs/ Drug Intermediates and APIs

Approvals have been accorded to 16 applicants under Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs) in the country. The setting up of these 16 plants will lead to total committed investment of Rs. 348.70 crore (US$ 46.39 million) and employment generation of about 3,042 by the companies. The commercial production of these plants is projected to commence from 1st April 2023 onward.

Government Approves Stepping Up of Production of Remdesivir

The issue of availability of Remdesivir was reviewed by Shri Mansukh Mandaviya, Minister of State, For Ports, Shipping and Waterways (Independent Charge) and Chemicals& Fertilizers, Government of India in meetings with the all-existing manufacturers of the Remdesivir drug and other stakeholders on 12th and 13th April 2021, where decisions have been taken to increase production/supply and reduce prices of Remdesivir.

Launch of India’s New-Age Earth Imaging Satellite by May 15: K Sivan

The launch of the 2,268-kg satellite was earlier aborted in the first half of this month due to a technical glitch.
Indian space research organisation (Isro) chairman K Sivan told TOI, “The technical glitch related to a voltage fluctuation issue in the satellite is being fixed. Thereafter, the satellite will be assembled in the launch vehicle and tested again. All these things will take time and the launch is likely to happen in the first half of next month. The delay in the launch of Gisat-1 by GSLV-F10 and the Covid situation will, however, postpone other launches, including the first test-flight of the Small Satellite Launch Vehicle (SSLV or mini PSLV), this year.”

S Jaishankar Signals Wider Sphere of Influence for India

In a trilateral discussion with French foreign minister Jean-Yves Le Drian and Australian foreign minister Marise Payne at the Raisina Dialogue, Jaishankar described India’s new view of its role as a “return to history”, saying that this placed the country’s neighbourhood across a greater swathe of the globe.