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Govt set to tighten grip on makers of fake drug |
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Written by livemint.com
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Wednesday, 12 November 2008 |
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WEDNESDAY, NOVEMBER 12, 2008 10:35 AM IST Govt set to tighten grip on makers of fake drug The punishment has now been raised to a minimum of 10 years’ imprisonment and a Rs10 lakh fine Radhieka Pandeya New Delhi: Parliament approved a long-pending amendment to the country’s main drugs law last month seeking stricter punishment of up to life imprisonment and fine of at least Rs10 lakh on those involved in production and trade of spurious drugs. |
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Written by INDIA INSIGHT
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Wednesday, 04 June 2008 |
The fake drugs industry is thriving, says Harinder S Sikka, who believes one in four drugs available in the market is spurious or sub-standard If there is one business that has grown and thrived in the past 60 years since Independence, it is the fake drugs industry. So rampant is the menace in our country today that it is suspected that one in every four drugs in the market is either spurious or sub-standard. The wholesale markets in Delhi, Uttar Pradesh, Bihar and Madhya Pradesh etc. are known to be flooded with drugs manufactured by companies that are legal on paper. But that's exactly where the legality ends. Of the thousands of registered and unregistered drug companies, how many are actually following the Schedule 'M', the new stricter norms for drugs manufacturing, is but a wild guess. Helping their business to thrive further are the lax regulations and laws. If a man kills another, he can be tried in the court and punished. But if a company produces fake drugs and kills or injures hundreds there are not enough provisions in our country to cause a serious setback to the offender. The law of the land provides the offender with bail for the asking.
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Rs 300cr fake drugs sold in NCR |
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Written by The Asian Age
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Monday, 11 February 2008 |
 Rs 300cr fake drugs sold in NCR New Delhi Fake drugs worth Rs 300 crores are being sold off in the NCR region every year, reveals the latest survey of the Associated Chambers of Commerce (Assocham). |
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Fake drugs worth Rs.1 crore seized from capital godown |
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Written by -
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Sunday, 02 September 2007 |
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Fake drugs worth Rs.1 crore seized from capital godown Click on Read more to view.... |
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Countrywide study to map fake drugs |
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Written by Mint Impact
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Sunday, 02 September 2007 |
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Countrywide study to map fake drugs Click on Read more to view.... |
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