Question : SETTING UP OF AN INDEPENDENT REGULATORY AUTHORITY



(a): whether the Indian Pharmaceutical Alliance has demanded to set up an Independent regulatory body for Pharmaceutical Industry on the lines of TRAI & IRDA: and

(b): if so, the details thereof and the steps taken by the Government in this regard?

Answer given by the minister



THE MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS ( SHRI RAMESH BAIS)

(a) & (b): The Indian Pharmaceutical Alliance has, in a communication dated July 21, 2000, interalia, envisaged an independent regulatory body for the pharmaceutical sector similar to TRAI & IRDA as a vision for the pharmaceutical sector in the year 2010. The paper gives no details about the objectives, structure, functions, responsibility, duties etc., of the proposed regulatory authority.