Priyanka Gandhi Challenges Modi Government Over IMPCL Privatisation in Uttarakhand

Sunday, 6 October 2024, 02:15

Priyanka Gandhi argues against the Modi government's move to privatise IMPCL, stressing its impact on Ayurveda and local livelihoods. The Congress leader questions the motives behind the sale of this Mini Ratna pharmaceutical company. With over 500 employees and significant local contributions, privatisation threatens established Ayurveda practices.
Indiatimes
Priyanka Gandhi Challenges Modi Government Over IMPCL Privatisation in Uttarakhand

Priyanka Gandhi Voices Concerns Over IMPCL Privatisation

Priyanka Gandhi slams the Modi government’s potential plan to privatize the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), a key player in Ayurveda based in Uttarakhand. Highlighting its profit-making status and significant role in local employment, she raised concerns over its future under private ownership.

Impact of Privatisation on Local Economy and Ayurveda

The biopharmaceutical company, which achieved a profit of 18 crore last year, contributes to both local employment and the broader Ayurveda industry. Priyanka Gandhi pointed out that over 500 employees depend on it, alongside numerous small farmers who supply raw materials.

  • Establishment of IMPCL in 1978
  • Concerns for local livelihoods
  • Potential hypocrisy in promoting Ayurveda

She urged citizens to question the motives of the government: “What could be its reason other than enriching select individuals?”


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