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Industry Specific- Pharma Central Ministry of Chemicals and Fertilizers Pharmacy Act, 1948

Amendment in the operational guidelines for the Production Linked Incentive (PLI) scheme for pharmaceuticals

20-Oct-2022 | 31026/60/2020-Policy

The Department of Pharmaceuticals has amended operational guidelines for the Production Linked Incentive (PLI) scheme for Pharmaceuticals are as follows: - i. Under Clause 7.3.2, Earlier an applicant may submit a claim for disbursement of incentive on annual basis but after amendment an applicant may submit a claim for disbursement of incentive on Quarterly, half yearly, Annual basis. ii. Under Clause 7.3.3, Earlier claims for disbursement of incentive shall be filed along with supporting documents within one month of the closure of financial year but after amendment claims for disbursement of incentive shall be filed along with supporting documents immediately after the end of the quarter, half year, year within one month. iii. Under Clause 7.3.7, the PMA shall process claim for disbursement of incentive within 30-45 days from the date of receipt of such claim and make appropriate recommendations to DoP instead of with 60 days. For further information, please refer to the document.

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