City
Epaper

MSME, AYUSH to jointly promote nutraceuticals industry

By IANS | Updated: September 26, 2019 15:30 IST

The Ministry of Micro, Small and Medium Enterprises (MSME) and the Ministry of AYUSH have signed an agreement to jointly promote the nutraceuticals industry in India. MSME Minister Pratap Chandra Sarangi who was at an Assocham event in New Delhi announced the joint venture.

Open in App

"My department MSME and Ayush have also signed an agreement to work jointly and I am quite optimistic that you will become history makers to help India march forward in this field and be a guiding light to the whole world," said Sarangi while addressing Assocham's 5th National Symposium on Nutraceuticals.

Nutraceutical is the hybrid of 'nutrition' and 'pharmaceutical'.

Nutraceuticals, in broad terms, are food or part of food playing a significant role in modifying and maintaining normal physiological function that maintains healthy human beings.

Advising the nutraceutical industry to develop their research wings, the Minister added, "We have to live in tune with nature, we have to adopt organic farming and we have to develop a food supplement so that nutritional level is high and diseases cannot thrive in our body. So long as immunity is strong, no outer germ can thrive in our body."

Calling allopathic treatment "costly" and "lengthy", he pitched for an "alternative method". He said nutraceuticals will not only cure but increase immunity.

The Minister added that only in microscopic cases, the need arises for surgical treatment and other medicinal approaches, while 90 per cent cases can be prevented by changing the lifestyle and food habits.

He said that it is a common belief that ayurvedic doctors are inferior to allopathic doctors who are more knowledgeable. This is not correct. "We need to change our mindsets", said Sarangi.

In his address, Dr D.S. Rana, chairman, Assocham National Council on Wellness and chairman of Sir Ganga Ram Hospital said, "The nutraceutical industry should come together to ensure that nutrition reaches the last mile across rural India."

Dr Pushpa Vijayaraghavan, director, Sathguru Management Consultants said, "In line with ongoing improvements in the R&D practice of the value chain management, the nutraceutical industry promises substantial growth in the coming five years."

( With inputs from IANS )

Tags: SarangiAssochamindia
Open in App

Related Stories

HockeyIndia Clinches Bronze with 4-2 Win Over Argentina in FIH Men’s Junior Hockey World Cup (VIDEO)

CricketIndia vs South Africa 2025 Schedule: Full List of Matches, Dates, Venues and Fixtures

TechnologyOpenAI Offers ChatGPT Go Free for a Year in India; Check All the Features Users Can Now Access

NationalGolden Power: Indian Women Now Hold 24,000 Tonnes of Gold, Outshining Global Investors

MumbaiMumbai Man Pursuing PhD in US Booked for Sexually Abusing Woman on False Promise of Marriage

National Realted Stories

NationalAndhra Pradesh Tragedy: At Least Five Injured During Jallikattu Event in Tirupati

NationalTelangana Assembly passes resolution to continue MGNREGS

NationalRaihan, Aviva’s photo in royal ensembles wins father Robert Vadra’s heart

NationalRajasthan budget: Over 25,000 budget suggestions received online in suggestions submitted by citizens so far

NationalVibrant Kutch district event inaugurated; Rs 8,500-crore MoUs signed with 334 MSMEs