Versuchen GOLD - Frei
JAN AUSHADHI GETS A SHOT IN THE ARM
Mint Mumbai
|December 20, 2024
More than a decade after it was launched, the affordable-drug scheme is finally seeing sales pick up
A stone's throw away from a Pradhan Mantri Jan Aushadhi Kendra in suburban Mumbai stands another pharmacy, called 'Mumbai Jan Aushadhi'. Its walls are lined with branded generics—copies of once-patented drugs that are now sold and marketed by pharma companies.
Branded generics are not typically found in Jan Aushadhi kendras—pharmacies registered under a central government scheme to promote affordable medicines. Mumbai Jan Aushadhi is able to sell them because, despite its misleading name, it is not part of the scheme. The canny owner has been riding on the government scheme's name to draw customers, without giving too much mindspace to little irritants such as copyright law.
"We wanted to start a Jan Aushadhi kendra because they are doing so well," the proprietor told Mint, requesting anonymity. "But we couldn't because there is already one registered 800 metres away." Under the scheme's guidelines, no two Jan Aushadhi centres can exist within a 1 km radius.
In September, Jan Aushadhi sales reached a monthly record high of ₹200 crore, surging 42% over the same month last year, according to the ministry of chemicals and fertilizers, under whose purview the scheme falls. Overall sales for 2024 reached ₹1,000 crore in October, outpacing the previous calendar year, when they had crossed the ₹1,000 crore mark only in December. Jan Aushadhi kendras across the country see about 1 million footfalls daily, according to a government release dated 21 October.
The goal of the scheme, which was started by the Congress-led United Progressive Alliance (UPA) government in 2008 and rebranded by the BJP-led National Democratic Alliance (NDA) government in 2015, was to sell crucial drugs and medical supplies at affordable prices. But quality and supply issues, as well as low profitability, have hindered its growth all these years.
Diese Geschichte stammt aus der December 20, 2024-Ausgabe von Mint Mumbai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Mumbai
Mint Mumbai
Investors expect AI use to soar. That’s not happening
On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.
4 mins
November 28, 2025
Mint Mumbai
360 One, Steadview, others to invest in Wakefit ahead of IPO
A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.
3 mins
November 28, 2025
Mint Mumbai
I-T dept to nudge taxpayers to declare foreign wealth
The department was able to collect 30,000 crore disclosed in the previous Nudge drive
2 mins
November 28, 2025
Mint Mumbai
Catamaran to boost manufacturing bets
Catamaran is focused on a few areas in manufacturing, such as aerospace
2 mins
November 28, 2025
Mint Mumbai
India, UAE review trade agreement to ease market access
Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.
1 mins
November 28, 2025
Mint Mumbai
Beyond the stock slump-Kaynes' $1 bn aim is just the start
Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of 7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.
1 mins
November 28, 2025
Mint Mumbai
How Omnicom’s IPG buy will change Indian advertising
Two of the advertising world’s Big Four holding companies—Interpublic Group and Omnicom—officially merged this week.
2 mins
November 28, 2025
Mint Mumbai
Why TCS is walking a tightrope
Tata Consultancy Services Ltd recently outlined an ambitious multi-year $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.
2 mins
November 28, 2025
Mint Mumbai
It's a multi-horse Street race now as Smids muscle in
For years, India’s stock market ran on the shoulders of a few giants. Not anymore.
3 mins
November 28, 2025
Mint Mumbai
Telecom firms flag hurdles in data privacy compliance
Operators need to comply with the data protection norms within 12-18 months
1 mins
November 28, 2025
Listen
Translate
Change font size

