Indian Medicines Pharmaceutical Corporation Limited:
Indian Medicines Pharmaceutical Corporation Limited (IMPCL) has entered into a tie-up with the Government e-Market (GeM) portal for selling its products online.
- The deal between IMPCL and GeM was finalized on 03.03.2021 when GeM created 31 categories covering 311 medicines, which are life in the marketplace and IMPCL can now upload these medicines on GeM Portal.
- With this decision of GeM, the Ayurvedic and Unani medicines of IMPCL will figure on the GeM portal to hundreds of government sector buyers, at prices finalized by the Ministry of Finance, Department of Expenditure.
What is Indian Medicines Pharmaceutical Corporation Limited?
- IMPCL is the public sector manufacturing unit of the Ministry of AYUSH.
- IMPCL is the only CPSE under the Ministry of AYUSH, Government of India, and its prices are vetted and finalized by the Ministry of Finance (Department of Expenditure) for their Ayurvedic & Unani Medicines.