The Union government is establishing a National Centre for Research & Development in Bulk Drug (NCRDBD) at National Institute of Pharmaceutical Education and Research (NIPER), Hyderabad, to fill the significant void in R&D in bulk drugs. The government has approved the project which will cost over Rs 52 crore and require an operating cost of over Rs 37 crore for 5 years.
The role of bulk drug sector is critical to overall efficiency and cost competitiveness of the pharmaceutical sector. There are around 2,500 bulk drugs manufacturing units in India. The estimated turnover of the bulk drug industry in 2012-13 was around $ 12.5 billion. The industry has registered a Cumulative Annual Growth Rate (CAGR) of 17% in the last 3 years and has a share of about 10% of the global bulk drugs market of about $ 110 billion. However, the import of bulk drugs has recorded a CAGR of 18% during last 3 years pointing an increasing level of dependence on foreign supply for this vital input of pharmaceutical sector.
The condition looks more complicated taking into account the fact that more than 60% share in imports of intermediate for Active Pharmaceutical Ingredients (APIs) is imported from China.
The art museum located at Darushifa, on the bank of the Musi River in the city of Hyderabad was established in 1951 and is one of the three National Museums of India.
It has a collection of 1 million objects which includes sculptures, paintings, carvings, textiles, manuscripts, ceramics, metallic artefacts, carpets, clocks, and furniture from China, Japan, Burma, India, Nepal, North America, Persia, Europe and Egypt. The museum’s collection was sourced from Salar Jung’s familial property. The museum has been declared as an Institution of National Importance by the Indian Parliament.
After Andhra Pradesh (AP) CM Chandrababu Naidu raised the retirement age of state government employees to 60, suddenly hundreds of Andhra-origin employees, who were earlier reluctant to move out of Telangana and who have about 2 years of service left, have expressed their wish to work in residuary Andhra Pradesh.
Considering the benefits, many Telangana government employees, some due to retire within months, have landed in Hyderabad and have applied for change in the state of their posting, along with their requests made to MLAs, MPs and ministers, to see that they are shifted to Andhra Pradesh.
With time running out before division of staff between Telangana and AP begins, those retiring in the next two months, are rushing to department heads with their request to transfer them to residuary AP.
The decision to raise the retirement age is likely to benefit about 3 lakh employees who are on the rolls of the Andhra Pradesh government.
Head of Telugu Desam Party (TDP), Nara Chandrababu Naidu (64) has been sworn-in as the first Chief Minister of the residuary state of Andhra Pradesh. Mr. Naidu was administered the oath of office by Governor E S L Narasimhan.
Mr. Naidu has served as the CM of (united) Andhra Pradesh for 8 years (from 1995 to May 2004) – the longest tenure for any CM of Andhra. He has been elected as an MLA seven times and also holds the record as the longest-serving Leader of Opposition in Andhra Pradesh between 2004 and 2014.
Post bifurcation, AP’s new geographical expanse is about 1.60 lakh sq km while its population is around 5 crore. Although Andhra Pradesh has been divided into Telangana and residuary Andhra, Hyderabad will remain the common capital for both states for next 10 years.