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Schedule M rollout may face delay as MSMEs seek more time for upgrade

Business Standard LogoBusiness Standard7h ago

Schedule M rollout may face delay as MSMEs seek more time for upgrade - Business Standard

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Small and medium-sized drugmakers have asked the Centre to extend the 10 May 2025 deadline to submit upgradation plans in line with the revised Schedule M by another three months, with experts raising concerns that further extensions could delay overall implementation.

This comes after the government, in February this year, granted small drug manufacturers with an annual turnover of less than Rs 250 crore a one-year extension to comply with the revised Schedule M, which specifies good manufacturing practices (GMPs) to ensure the quality of drugs made in the country.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 19:26:17 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 106 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28440038

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 309 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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