<h1>Government and Pharma Industry Collaborate to Boost Exports, Tackle Challenges in Interest Equalization and Environmental Clearances.</h1> The Union Minister of Commerce and Industry met with representatives from the pharma and chemicals industries to strategize on boosting exports and addressing industry challenges. Key issues discussed included expanding the Interest Equalization Scheme, speeding up environmental clearances, and removing pre-import conditions for advance authorization. The Ministry aims to support pharma exports through increased reimbursement for product registrations and facilitating market access in key regions. India's pharma exports have grown significantly, with a projected record of approximately USD 19 billion for FY 2018-19, driven by strong performance in the US and EU markets. The industry plays a crucial role in global healthcare by providing affordable generic drugs.