State-run BPPI clocks sales turnover of Rs 147 cr Q1 amid lockdown

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In July 2020, BPPI added sales of Rs 48.66 Cr.  The total sales up to July 31 2020 stood at Rs 191.90 crore

Despite the testing time of COVID lockdown, Bureau Of Pharma PSUs Of India (BPPI) the implementing agency of Pradhanmantri Janaushadhi Pariyojana-PMBJP clocked appreciable sales turnover of Rs 146.59 crore in the first quarter of 2020-21 and testing times as compared to Rs 75.48 crore achieved in the first quarter of 2019-20.

In July 2020, BPPI added sales of Rs 48.66 Cr.  The total sales up to July 31 2020 stood at Rs 191.90 crore.

The Janaushadhi Kendras remained functional during lockdown and maintained operations as part of their commitment to ensure uninterrupted availability of essential medicines. The centres sold about 15 lakh face masks, 80 lakh tablets of hydroxychloroquine (HCQ) and 100 lakh paracetamol tablets, which saved around Rs 1260 crore of the citizens.

Present basket of medicines sold by these kendras consists of 1,250 medicines and 204 surgical instruments. The target is set to enhance it up to 2,000 medicines and 300 surgical products by the end of March 31 2024 so that all essential medicines covering therapeutic groups, like - anti diabetics, cardiovascular drugs, anti-cancer, analgesics and anti-pyretics, anti-allergic, gastro intestinal agents, vitamins, minerals and food supplements, tropical medicines, etc.

The cost of Janaushadhi medicines is cheaper at least by 50 percent and in some cases, by 80 percent to 90 percent of the market price of branded medicines. These medicines are procured on an open tender basis from WHO-GMP compliant manufacturers only. They undergo two stage stringent quality check process at nationally accredited labs.

In terms of number of stores, probably the biggest retail pharma chain of the world it is  providing a good source of self-employment for educated unemployed youths with sustainable and regular earnings and in this way  truly doing justice to its tagline “Seva bhi, Rozgar bhi”. As per the official data this has provided direct source of sustainable employ ment for more than 1,1600 educated unemployed youth of the country by engaging them in the scheme.

The incentive provided to the Kendra owners has been enhanced from existing Rs 2.50 lakh to up to Rs 5.00 lakh to be given at 15 percent of monthly purchases made, subject to a ceiling of Rs 15,000 per month. One-time incentives of Rs 2.00 lakh is to be provided to the PMBJP Kendras opened in North-Eastern States, Himalayan areas, Island territories and backward areas mentioned as aspirational district by NITI Aayog or opened by women entrepreneur, Divyang, SC and ST in the form of furniture & fixtures.

Image credit: Express Pharma

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