PLI: Centre’s nod for 33 API applications

Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. PLI: Centre’s nod for 33 API applications: Context: The government has approved 33 applications with a committed investment of ₹5,082.65 crore under the production linked incentive scheme for active pharmaceutical ingredients. What is an API? Every medicine is made …