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Showing posts from February, 2024

India's Potential to Become the Pharmacy of the World

India's Journey to Become the Pharmacy of the World       With a history which dates back to the ancient practices of Ayurveda, India has cemented its position as a dependable country when it comes to health crisis. India's pharmaceutical industry is witnessing steep growth with lots of innovation and employment generation.       India is promoting a positive Image of the country  world-wide. The pharma industry has brought path-breaking innovations and rapidly improved its global potential for distributing time-critical drugs to every corner of the world. For instance, under Vaccine Maitri initiative and Neighbourhood First Policy, India has supplied more than 150 nations with medicines and vaccines. Ex: Hydroxychloroquine (HCQ) to USA.  However there are some issues associated with this sector which requires attention:- Forces that Contribute to India's Pharmaceutical Growth      India's transformation into the Pharmacy ...

Internationalisation of Indian Rupee

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  Internationalisation of Indian Rupee: Why Does it Matter and the Initiatives Taken for it Fuelled by economic reforms, India's economic relations with other countries have undergone a remarkable transformation, in terms of trade and investments. Simultaneously, the global financial landscape has been evolving, moving away from a dominant USD. These changes, coupled with recent geopolitical shifts, lay the groundwork for the ascent of alternative currencies, especially the Indian Rupee (INR), onto the international stage. What is Internationalisation of Currency?  Currency internationalization is when a currency is used extensively beyond its home country's borders. This means it's not just used for transactions with the issuing country, but also for trade and other financial activities between other countries.  Examples include the US dollar and the euro, which are used for international settlements and held as reserves by many countries.  It's a complex jo...

Everything you need to know about Cervical Cancer

 Roadmap for Combating Cervical Cancer  This year, in 2024, Union Finance Minister of India, Nirmala Sitaraman announced the government’s plans to focus on vaccination against cervical cancer for girls aged 9 to 14 as part of her Interim Budget 2024. So in this article we will talk about cervical cancer, and understand why this is an important issue. What is cervical cancer? Cervical cancer starts in the cervix, the gateway to the uterus. Caused by persistent infection with certain human papillomavirus (HPV) strains, it's largely preventable through vaccination and regular screening. Early stages often have no symptoms, but later might include abnormal bleeding or pelvic pain. Thankfully, cervical cancer is highly treatable when caught early. Regular Pap tests and HPV screenings are crucial for early detection and successful treatment, making prevention and awareness key in the fight against this disease. How common is cervical cancer? Cervical cancer ranks as the 2nd mos...