The Madras High Court has expressed apprehension about India’s over-dependence on ’hostile neighbor’ China when it comes to the import of Active Pharmaceutical Ingredients (API).
This observation was made on the grounds that it hinders the nation’s response to security and other breaches by the neighbor. APIs are the ingredients in the medicine that play the major role of acting upon the illness. While India, which is regarded as a pioneer in pharmaceuticals, does not import medicines per se, the country imports APIs, which are the crucial ingredient in the drugs’ manufacture. At one stage, even the National Security Advisor (NSA) has cautioned the Government of the danger to our national security on account of this excess import dependence from a single nation” the Court said. It is said that China is also the global leader in the production and export of APIs, which is enabled by government support and lower costs on various fronts.
The Court notes that the economic advantage of importing APIs from China has led to India losing its scientific-edge and self-reliance in APIs. It is said that China is able to sell its APIs to India at 25% of the cost that it would take to manufacture in India. “As a result, our country that had once built 99.7% self-reliance in APIs went on to import over 90% of its API requirements from China”, the Court said. “At one stage, even the National Security Advisor (‘NSA’) has cautioned the Government of the danger to our national security on account of this excess import dependence from a single nation” it added. Fearsome prospects of Indian patients having to consume sub-standard drugs or go without medicines, in case of escalation of tensions with China were also mentioned by the Court, in view of the Galwan clashes. The court made the observations while ordering that a five-member committee be set-up to ensure the enabling of a private company Vinkem Labs Ltd to become a global player that can bring in foreign exchange and also ensure India’s self-reliance in cancer drugs. In an issued on September 30, 2020, the Court said that a committee must be formed within eight weeks to facilitate requirements of Vinkem Labs including fiscal and regulatory for R&D, commercialization, industry development, regulatory compliances, technology infusion, exports, domestic supply, and others. The proposed committee is meant to have a member each from the Union Ministry of Pharmaceuticals and Finance Ministry not below Joint Secretary rank, Secretary, Department of Pharmaceuticals, Government of Tamil Nadu, one member from Bank of India and National Bank for Agriculture and Rural Development (NABARD) not below the rank of Senior General Manager and N.L.Rajah, the amicus curiae appointed by the court. The court-monitored Committee is also required to remove delays and difficulties, including funding requirements of Vinkem Labs with necessary recommendations to the banks.
Physical Hearings to Commence in Subordinate Courts in Tamil Nadu from January 18, 2021 [READ MEMORANDUM]
Legal Insiders
Dec 24, 2020
Gautami Chakravarty
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Editor: Ekta Joshi
)
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The Registrar General of Madras High Court on Monday (December 21,2020) released an Official Memorandum informing that the Administrative Committee of the Madras High Court has resolved that subordinate courts in Tamil Nadu can proceed with physical hearings from Monday . The Hon'ble Administrative Committee of Madras High Court, in the meeting held on 21.12.2020, took this decision while taking into account the· past functioning of the Subordinate Courts during the...
Madras High Court orders police protection for Advocate to attend the Court as well as using the Bar Room in order to avoid any untoward incident [READ ORDER]
Judiciary
Dec 24, 2020
Dev Kumar Patel
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Editor: Ekta Joshi
)
18 Shares
The Madurai Bench of Madras High Court came to the rescue of an advocate who was suspended by Nagercoil Bar Association for not participating in the court boycott announced by the association on 8th December 2020.A division bench of Justices N Kirubakaran and B Pugalendhi made the observation while hearing a petition filed by the advocate G Sivakumar of Kanniyakumari challenging the action of the association.Background :An Advocate, who went to the Court to address the grievance of his clients,...
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