LUB raises concerns & demands related to pharma industry

LAGHU Udyog Bharati (LUB), the association representing micro and small industries in the country, has said that it is pursuing various matters related to the micro, small and medium enterprises (MSME) in pharma sector with the Union health ministry and the ministry of chemicals and fertilisers.

- Gireesh Babu, New Delhi

The leaders of LUB, including All India president Ghanshyam Ojha, All India general secretary Omprakash Gupta, All India Head of LUB's Pharma Wing Dr Rajesh Gupta, Maharashtra pharma wing head Dr Ravleen khurana, Madhya Pradesh pharma wing Head Amit Chawla, along with other industry representatives have met the Union minister of chemicals and fertilisers and health and welfare, J P Nadda and raised various demands of the industry, it said.

The leaders raised concerns regarding the extension of deadline for implementation of revised Schedule M, which is critical for the survival of the MSME pharma companies below Rs. 50 crore turnover. An extension of deadline would prevent closure of large number of micro and small companies.