The spurious drug industry is becoming well established in india. according to world health organisation's (who) 2001 statistics, 35 per cent of the world's spurious
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The Mashelkar Committee, which studied the various aspects of the growing threat from spurious drugs, submits an interim report recommending stringent punishment for offenders.
THE Indian pharmaceutical industry has a domestic turnover of more than Rs.20,000 crores and exports over Rs.10,000 crores. It is also growing at the rate of over 10 per cent for the last decade and is said to be the fourth in the world in terms of volume. But a consumer has good reasons to be concerned about the lack of availability of safe and genuine medicines. For, the problem of spurious and substandard drugs in the country is quite rampant, as is evident from periodic reports in the media on seizures and confiscation of fake drugs from large consignments or godowns. These, however, would constitute only a small fraction of the real extent of the illegal activity, which perhaps is no different from the extent of counterfeit trade in other commercial products.