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Mandaviya launches SIDBI scheme to boost Jan Aushadi Kendra operators

"This initiative is poised to provide substantial support to Jan Aushadi Kendra operators, facilitating both the establishment of new ventures and the expansion of existing ones," Mandaviya stated, underlining the scheme's potential to invigorate healthcare accessibility across the nation.

News Arena Network - New Delhi - UPDATED: March 12, 2024, 02:08 AM - 3 mins read

Health, Chemicals & Fertilizers Minister Mansukh Mandaviya inaugurated a new credit assistance scheme by the Small Industries Development Bank of India(SIDBI) aimed at bolstering Jan Aushadi Kendra Operators.

Mandaviya launches SIDBI scheme to boost Jan Aushadi Kendra operators


Health, Chemicals & Fertilizers Minister Mansukh Mandaviya inaugurated a new credit assistance scheme by the Small Industries Development Bank of India(SIDBI) aimed at bolstering Jan Aushadi Kendra Operators. The initiative launched on tuesday, is anticipated to fortify and expand the existing network of these vital healthcare access points.

 

Mandaviya emphasized that the SIDBI scheme will offer loans to small Jan Aushadi Kendra operators devoid of any collateral, marking a significant step towards empowering them economically. He unveiled the scheme alongside the inauguration of a dedicated website to streamline its operations.

 

"This initiative is poised to provide substantial support to Jan Aushadi Kendra operators, facilitating both the establishment of new ventures and the expansion of existing ones," Mandaviya stated, underlining the scheme's potential to invigorate healthcare accessibility across the nation.

 

The credit guarantee for these loans, whether for working capital or term loans, will be provided by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), ensuring a safety net for the beneficiaries.

 

The government has set an ambitious target of establishing 25,000 Jan Aushadi Kendras by March 31, 2026, as part of its broader healthcare access strategy. As of January 31, 2024, there were already 10,624 operational Pradhan Mantri Bhartiya Jan Aushadi Kendras (PMBJKs) throughout the country, serving as crucial touchpoints for affordable generic drugs and surgical items.

 

In the fiscal year 2022-23, the Pharmaceuticals & Medical Devices Bureau of India (PMBI) reported sales totaling Rs 1,235.95 crore through Jan Aushadi Kendras, resulting in substantial savings of approximately Rs 7,416 crore for citizens. These outlets offer a wide array of 1,965 generic drugs and 293 surgical items at affordable rates, playing a pivotal role in making essential healthcare accessible to all segments of

 

Mandaviya emphasized that the SIDBI scheme will offer loans to small Jan Aushadi Kendra operators devoid of any collateral, marking a significant step towards empowering them economically. He unveiled the scheme alongside the inauguration of a dedicated website to streamline its operations.

 

"This initiative is poised to provide substantial support to Jan Aushadi Kendra operators, facilitating both the establishment of new ventures and the expansion of existing ones," Mandaviya stated, underlining the scheme's potential to invigorate healthcare accessibility across the nation.

 

The credit guarantee for these loans, whether for working capital or term loans, will be provided by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), ensuring a safety net for the beneficiaries.

 

The government has set an ambitious target of establishing 25,000 Jan Aushadi Kendras by March 31, 2026, as part of its broader healthcare access strategy. As of January 31, 2024, there were already 10,624 operational Pradhan Mantri Bhartiya Jan Aushadi Kendras (PMBJKs) throughout the country, serving as crucial touchpoints for affordable generic drugs and surgical items.

 

In the fiscal year 2022-23, the Pharmaceuticals & Medical Devices Bureau of India (PMBI) reported sales totaling Rs 1,235.95 crore through Jan Aushadi Kendras, resulting in substantial savings of approximately Rs 7,416 crore for citizens. These outlets offer a wide array of 1,965 generic drugs and 293 surgical items at affordable rates, playing a pivotal role in making essential healthcare accessible to all segments of society.

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