More often than not, a centralised system fails to provide the desired result. Whether it is the centralised banking system introduced by Indira Gandhi or the distribution pushed by the Bolsheviks, that is why the need for privatisation arises. Slowly, this cycle is becoming universal. Apparently, privatisation provides incentives to the labours, making the process commercially profitable. Keeping that in mind, the Modi government has set a foot towards privatising the opium market in India.
Bajaj Healthcare’s entrance into Opium
Recently, Bajaj Healthcare Limited became the first company in India to get an exclusive government contract to operate in the opium processing sector. Up until now, it was only the government that ran the rooster. Now, Bajaj Healthcare will process active Pharmaceuticals ingredients (APIs) from the processing of unlanced poppy capsules. Additionally, it will also be manufacturing concentrated poppy straw (CPS) alkaloids.
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