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3000 Jan Aushadhi stores to be opened

Press Information Bureau:  August 03, 2016

New Delhi: To make quality drugs available at affordable prices to people under Pradhan Mantri Jan Aushadhi Yojana (PMJAY), it has been decided to open 3000 Jan Aushadhi Stores (JAS) under the Yojana across the country by the end of March 2017.

In order to open JAS proposed within Government hospital premises, a one-time financial assistance is provided to the extent of Rs. 2.50 lakh (Rs. 1 Lakh for furnishing, Rs. 50000/- for computer and peripherals, refrigerator etc and another Rs. 1 Lakh worth medicines to commence operation). The margin available for the retailers is 20% so as to ensure a reasonable level of profitability for them.

In addition to the retailers’ margin upto 20%, incentive @ 15% of monthly sales subject to a ceiling of Rs. 10,000/- per month upto a total of Rs. 2.50 lakhs, is also given to the JAS opened outside the government hospitals. For the stores opened in North Eastern States and other difficult areas i.e. Naxal affected areas/Tribal areas etc., the rate of incentive is 15% of monthly sale subject to a ceiling of Rs. 15,000/- per month up to a total limit of Rs. 2.50 lakhs.

State Governments / Local bodies / individuals entrepreneurs / pharmacists / Doctors/ Registered Medical Practitioners / Non- Governmental Organisations (NGOs) / Trusts / Social / Charitable institutions / Private Hospitals / Self Help Groups, having B.Pharma degree or D.Pharma diploma are eligible for opening of JAS. Applicant should have own or hired space of minimum 120 sq. ft. Detailed guidelines are also available at the website janaushadhi.gov.in

This information was given by the Minister of State (MoS) in the Ministry of Chemicals and Fertilizers Sh. Mansukh L. Mandaviya in the Lok Sabha today.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

x IBEF : India Brand Equity Foundation