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UTK's midnight inspection unearths drugs worth Rs 10-cr wasted in godown

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May 25, 2016

Bengaluru, May 25: A surprise inspection on the warehouse of the Karnataka State Drugs Logistics and Warehousing Society in the city late in the night on Tuesday by the Minister for Health and Family Welfare U?T?Khader revealed that drugs worth Rs 10 crores have been wasted as they were kept beyond their expiry period.

utkraid

“Some of the drugs lying in the warehouse were 15 years old. They have not been disposed as per the Drug Disposal Rules. The warehouse has been directed to start disposing the drugs as soon as possible,” the minister said.

The minister took note of the documents and medicine inventory and the transactions that have taken place in the past. The Warehousing Society was later directed to ensure proper computerisation of documents.

The surprise inspection was conducted after a regional television channel had claimed that drugs worth Rs 100 crore were left unattended in the godown.

The minister refuted these allegations and clarified that the present additional director was not responsible for the mismanagement as he took charge only recently.

Comments

Shamshu
 - 
Wednesday, 25 May 2016

Karnataka never seen such developments in health department so far. It look forward more and more health schemes.

Abdul Latif
 - 
Wednesday, 25 May 2016

The Minister should implement a procedure, whereby the medicines should be used up according to date of expiry. Every month there should be an audit and expired medicines, should be written off. The concerned people should be held responsible for such losses as it is possible that medicines are being procured without any proper process. The funds may be misused.

Dodanna
 - 
Wednesday, 25 May 2016

Such news and information very rarely published in other famous electronic media.

Jai Ho UTK

Mohammed
 - 
Wednesday, 25 May 2016

Y so late to visit .....it's 15 yrs old.....whr wr u all these days

Wake UP
 - 
Wednesday, 25 May 2016

I see only ONE leader who is active in looking after affairs of the Society ...
Recognize how a leader should work rather we people are voting only on the statements given by our foolish leaders who deviate the real issues of our Society...

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News Network
February 24,2020

New Delhi, Feb 24: India has deeply appreciated the Senegal government's decision to extradite fugitive gangster Ravi Poojary to India, official sources said on Sunday.

Facilitation of transit provided by the Government of France has also been acknowledged, they said.

Ravi Prakash Poojary, accused of committing a number of serious offences including murder and extortion in multiple jurisdictions, was extradited from Senegal on Saturday.

The probe agencies have persistently pursued the case for his extradition with the authorities in Senegal. India had made a request with Senegal for his extradition in early 2019, sources said.

Poojary was associated with gangster Chhota Rajan, but he also worked for fugitive underworld don Dawood Ibrahim.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
August 6,2020

Bengaluru, Aug 5: Touted as a first of its kind in the nation, a mobile Covid-19 lab was inaugurated on Wednesday by the Karnataka Medical Education Minister Dr K Sudhakar.

The lab, approved by the Indian Council of Medical Research (ICMR) can do 9,000 RT-PCR (reverse transcription-polymerase chain reaction) tests per month, an official press release said here. "This is a unique lab having all safety features and capable of producing 100% accurate results within four hours," Dr Sudhakar was quoted as saying in the press release.

The Indian Institute of Science (IISC) had developed the lab and handed it over to the Rajiv Gandhi University of Health Sciences (RGUHS).

The mobile lab can also be used for molecular diagnostic-testing and can be deployed in coronavirus hot spots quickly, the release said adding, apart from Covid-19, the lab can be utilised for testing H1N1, HCV, TB, HPV and HIV among others.

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