Rajasthan Drugs and Pharmaceuticals Limited whose operation was closed in 2016 will start again. Rajasthan Drugs and Pharmaceuticals Limited is established in the Vishwakarma Industrial Area (VKI)Â at Jaipur. This is the only government pharmaceutical company in Rajasthan.
The process of restarting the Rajasthan Drugs and Pharmaceuticals Limited, established in the Vishwakarma Industrial Area (VKI) of the capital and closed for eight years, has been expedited. Recently, in the company’s board meeting, the state medical and health department instructed the company Hindustan Antibiotic Limited (HAL) to prepare a detailed development project report (DPR) within a month. After this, top officials of the department have also visited the company. HAL’s technical team was also present during this period.
This is the only government pharmaceutical company in the state. Earlier it was run based on a joint venture between the Government of India and the State Government in a partnership ratio of 51:49. But in the year 2016, the production in this company stopped, which has not been started till date. The high-level machinery in the company is still intact. In which some are in working condition, some are dilapidated and some are completely packed.
Rajasthan Drugs and Pharmaceuticals Limited is capable of producing multiple drugs
After restarting the company, self-reliance in terms of the availability of medicines of Rajasthan Medical Services Corporation, operated under the Medical and Health Department, will increase. The company has a high level of testing laboratory capacity for ORS, cough syrups and seasonal and other medicines including swine flu. Rajasthan Drugs and Pharmaceuticals Limited was registered in November 1978 and was established in July 1979. Its production has been going on since 1981, which stopped in the year 2016.
The company was profitable till the year 2014
On December 28, 2016, the Central Cabinet had decided to close this company. It was decided to repay the liabilities by selling all the movable and immovable assets of the company. At that time, out of 126 employees and officers, 101 were given voluntary retirement but 25 employees did not accept it. The company continued to earn profits until 2014. In the year 2011, 455 employees and officers were employed in the company. During the last government, the Cabinet had also approved to start it.
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