India, July 21 -- Department-related Parliamentary Standing Committee on Chemicals and Fertilizers have observed under-utilization of allocations in some schemes of Department of Pharmaceuticals. No such observations have been made in respect of the Schemes of the Department of Fertilizers and Department of Chemicals & Petrochemicals.
The corrective actions and measures undertaken by the Department Pharmaceuticals to improve utilisation of funds earmarked for production-linked incentive schemes, bulk drug parks and related initiatives, are as follows:
(i) The Department has strengthened periodic monitoring through Project Management Agencies (PMAs), introduced claim forecasting and milestone-based releases, improved Treasury Single Accoun...