Course Solutions Uncategorized (Answered) : I want to start a retail medical shop in India. Pl show me the complete process and documents needed for same.

(Answered) : I want to start a retail medical shop in India. Pl show me the complete process and documents needed for same.

I want to start a retail medical shop in India. Pl show me the complete process and documents needed for same.

Expert Answer


Retail medical shop in India

Under the ruling NDA Government’s Janaushadi Yojana; 3000 such stores were planned in 2017. An investment of Rs. 2.5 Lakh is required. Central Government provides Rs. 2.5 Lakhs from the State Government to the selected organization. Each store will get the supply of medicinal stock, internet connection, bill printer, and, refrigerator.

Retailers get a commission of 16% on sales.Business is registered under the Indian Pharmacy Act of 1948.Particulars are registered through an official

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