Wednesday, March 29, 2017

‘Pharma firms must comply with skill upgrade deadline’

In 2016, Drug Controller General of India set Jan. 1, 2018


The pharmaceutical industry must treat as sacrosanct the January 1, 2018 deadline issued by the Drug Controller General of India for upgrading skills of its employees, Ranjit Madan, CEO, Life Sciences Sector Skill Development Council (LSSSDC), said. The LSSSDC was set up under the auspices of the Ministry of Skill Development.
The domestic pharma sector cannot compromise on quality of its staff, said . In August 2016, the Drug Controller General of India had issued a circular stipulating the deadline of January 1, 2018.
“The developed countries have a very high rate of skill sets. As the low rate outweighs... the other factors in the economy, we cannot compromise on the same,” Mr. Madan said while speaking at the launch of a skill development project in Maharashtra.
The LSSSDC has mandated Pollux Life Science Solutions LLP to conduct broad-based skilling in the State, which begins at pharmacy undergraduate level and concludes with job specific theory and practical training of 10 prominent roles that cover 90% of the functions in the pharma sector.
The industry-ready, employable resource will not only bring down the training cost for companies by providing job-ready pharmacy graduates, but also lower unproductive lead time during initial employment period. This will help companies hire the right person matching the job profile that will lead to significant reduction in attrition rates, Pollux Life Science Managing Partner Hemant Deshpande said.
Speaking at the panel discussion, K. Bangarurajan, Deputy Drug Controller, West Zone said, “India exports USD 17 billion worth of pharmaceutical drugs and one out two medicines consumed globally is by India. “The country also produces 50,000 pharma graduates every year of which 7,000 are from Maharashtra,” he added.


Source: THE HINDU-20th March,2017