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The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment in the funds-starved infrastructure sector.
Parliament had in March cleared the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.
"New approach to building #AatmaNirbharBharat! Central Government has appointed Shri K. V. Kamath to the post of Chairperson, National Bank for Financing Infrastructure and Development, a newly set up DFI in India," Department of Financial Services (DFS), under the finance ministry, said in a tweet.
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Another witness in a separate drugs case on Wednesday levelled a similar allegation against the agency officials, including its Mumbai zonal director Sameer Wankhede, the PTI has reported.
The witness, Shekhar Kamble, a resident of Navi Mumbai, said he was made to sign on 10-12 blank papers by Wankhede and others, which were later used as panchnama in connection with a Nigerian national's arrest from Mumbai's Kharghar in August this year.
He also claimed that although no drugs was recovered from the Nigerian national, the NCB falsely showed that some amount of MD drug was found on him.
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Ocugen, Bharat Biotech's US partner for Covid-19 vaccine Covaxin, on Wednesday said it has submitted Investigational New Drug Application (IND) to the US Food and Drug Administration to conduct clinical trials.
The development comes a day after the World Health Organisation sought more details from Bharat Biotech to consider its COVID-19 vaccine Covaxin for Emergency Use Listing.
The US firm in a press release said the Phase 3 trial, proposed in the IND, is designed to establish whether the immune response experienced by participants in a completed Phase 3 efficacy trial in India is similar to that observed in a demographically representative, healthy adult population in the USA.
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The NCB's Deputy Director General (DDG)-northern region, Gyaneshwar Singh, on Wednesday said they have started recording the statement of the agency's Mumbai zonal director Sameer Wankhede in connection with the departmental vigilance probe into allegations of extortion in the drugs-on-cruise case.
A five-member vigilance probe team, which landed in Mumbai in the morning, has started its probe and collected some documents and recordings from the Narcotic Control Bureau's (NCB) office at Ballard Estate in south Mumbai, DDG Singh, who is heading the departmental vigilance probe into allegations of extortion, told media persons.
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Union Health Minister Mansukh Mandaviya on Wednesday said that India is the world's largest generic and affordable medicine supplier.
"Pharma sector is our religion, we believe in the concept of 'Vasudhaiva Kutumbakam", said the Minister.
Addressing an Investor Summit virtually on 'Opportunities and Partnerships in Pharmaceuticals and Medical Devices', he said: "After the Covid pandemic, the investment in India's pharma sector has significantly increased. India's behaviour has always been pro industry."
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Topics :CoronavirusAryan Khantop news of the dayCaptain Amarinder Singh
First Published: Oct 27 2021 | 8:45 AM IST