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We need Bharat Food and Drug Administration for global benchmarks: Sitharaman

by Blitz India Media
November 23, 2024
in Focus uk, News, States
sitaraman
Blitz Bureau

NEW DELHI: India is setting standards in pharmaceuticals and like the US Food and Drug Administration (FDA), for which we should also aim to create Bharat Food and Drug Administration (FDA) for global standards and benchmarks, Union Finance Minister Nirmala Sitharaman said on November 23. She was speaking at the 8th India Ideas Conclave organised by the India Foundation, Sitharaman said the country must establish Brand India as a destination of innovative solutions to modern urban needs.

“India is setting standards in pharmaceuticals. As US FDA Standards are useful for exports, can we, in India, not have Bharat Food and Drug Administration (FDA) which can give global standards and benchmarks? We need to focus on that,” she said. Sitharman added that Brand India’s’ economic growth model should have features of LiFE – ‘Lifestyle For Environment’ as mentioned by Prime Minister Narendra Modi — to “be more nature friendly and have sustainability which is inherent to us”.

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She further stated that, “we didn’t follow the circular economy and principle of re-use because we were an impoverished nation. Circular economy is the model which seeks to reduce waste and encourage sustainable use of natural resources to boost production and consumption.

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