Maharashtra government asked to lift pharma e-commerce ban

Image
Press Trust of India Nagpur
Last Updated : Jun 10 2014 | 9:12 PM IST
Indian Pharmaceutical Dealers' Association (IPDA), the largest body of pharma dealers in e-commerce, has demanded that the Maharashtra government lift the ban on pharma exports that has hit local pharma industry.
Pharma companies in Maharashtra have been suffering losses to the tune of Rs 4 crore per day ever since the Maharashtra Food and Drug Administration (FDA) enforced a ban on exports of pharma products through parcel posts in February this year, IPDA president Sunil Phalke and secretary Navneet Sahay told reporters here today.
IPDA, which represents more than 50 pharma manufacturers and exporters, has asked the Maharashtra government to immediately intervene to stop harassment of law abiding pharma companies in the state under the pretext of curbing "clandestine activities," Sahay said.
He said the IPDA has offered every help to the government to clearly define laws to curb illegal activities.
The biggest negative impact of banning exports through parcel posts has been on e-commerce trade of pharmaceuticals, which has completely crashed after the ban was clamped four months ago, since parcel post is used to export consignments of less than five kilogrammes.
An IPDA delegation is scheduled to meet Union Minister for Commerce Nirmala Sitaraman in New Delhi tomorrow, IPDA sources said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 10 2014 | 9:12 PM IST

Next Story