The Ayush Ministry has received Letter of Intent from 28 companies, committing to invest Rs 6000 core. This will help to generate over 5.5 lakh jobs and positively impact over 76 lakh lives. Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush has given this information in the press conference held on the second day of the Global Ayush Investment and Innovation Summit 2022 on Thursday.
Kotecha had also informed that various MoUs are signed with different countries and the Ministry of Defence to set up Ayush facilities, and also with the Ministry of Science and Technology to promote cross-collaboration with CSIR for joint PHD programmes and mechanistic studies in Ayush.
He further added, “There is immense scope in the Ayush sector. The government budget in the sector has increased over four times from Rs. 691 crores in 2014 to Rs. 3050 crores in the last budget. The market also has grown exponentially from Rs. 22,000 crores in 2014 to Rs. 1.14 Lakh crore.,”
