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Kerala mulls tax concession on ayurveda medicines
Tuesday February 14, 2012 09:51:57 AM,
IANS
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Thiruvananthapuram: Kerala Chief Minister Oommen Chandy Monday said the government is
considering tax concession on ayurveda medicines and other steps
to promote the traditional system of medicine.
"We are committed to set up authentic, quality products as well as
classic, curative and promotional services such as wellness
centres and ayurveda spas," said Chandy at a global ayurveda
conference here.
The government had selected seven specific areas in ayurveda for
its wholesome development, he said.
"We have now got the support of Sam Pitroda (adviser to the prime
minister on public infrastructure, information and innovations)
who is right now working on this. We are also looking at providing
tax concession on ayurveda medicines," he said
"The scarcity of medicinal plants in the state has been one of the
biggest threats that ayurveda faces. Our earlier government had
enacted a law to help increase planting of herbal plants. This law
will come into force as soon as possible," said Chandy.
V.S. Rajashekaran Pillai, former chief of Indira Gandhi National
Open University, said there was a need for plans for protecting
and encouraging the medicinal plants' plantation.
"Another important programme in connection with ayurveda is the
purification of water through ayurvedic methods," he said.
R.S. Jayawardane, general manager, Ayurvedic Drug Manufacturing
Corporation, Sri Lanka, made it clear that his country could not
promote its traditional system of medicine without India's
support.
"Even though both the nations are geographically separated, they
both are emotionally the same. India and Sri Lanka are to sign a
MoU (memorandum of understanding) on traditional medicines," said
Jayawardane.
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