20 Feb 19: On January 01, 2019, the Government of India announced that the purchase preferences of pharmaceutical products for its Public Procurement Programme (PPO) will be given to local pharma products and local pharma suppliers. The preferences refer the percentage (%) of minimum local content in domestically produced drugs, which has been increased from 75% in the ongoing fiscal year to 90% for years 2023-25. Moreover, the percentage of minimum local content …