The medical device industry has responded positively to the Niti Ayog’s proposed Medical Devices Bill which aims to address the concerns on patient safety and reduce import dependency that is currently pegged at almost Rs 39000 crore.
The proposed Bill is also tailored for promoting Make In India of medical devices and providing users with access to safe innovative devices.
At a meeting held on Wednesday (18 December), the Niti Aayog made a presentation of their proposed Bill to various stakeholders and explained its key features to them.
Rajiv Nath, Forum Coordinator of Association of Indian Medical Device Industry (AiMeD) described it as visionary & well thought out road map.
“We await the copy of presentation and copy of actual draft Bill to give our studied comments, clause wise.” he said.
Industry bodies expect the proposed medical devices Bill will help India emerge as one of the leaders in this sector.
Source: PTI
Image Courtesy: The Week
You may also like
-
India and Singapore Push Strategic Partnership into Semiconductors, AI, Fintech and Advanced Manufacturing
-
Raphe mPhibr — Building India’s Vertically Integrated Military Drone Ecosystem
-
Armenia Reportedly Moves Closer to Pralay Missile Deal as Defence Ties With India Deepen
-
India Builds Global Air Cargo Hub Strategy as Transshipment Network Expands and 2030 Target Nears 10 Million Tonnes
-
Regional Rural Banks Expand Rural Credit to ₹5.78 Lakh Crore as Priority-Sector Lending Reaches 91.7%
