How To Apply For Pradhan Mantri Jan Aushadhi Kendra?

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Feb 17, 2021Personal Loan

In India, quality healthcare services are still out of reach of millions, mostly in rural areas, due to the high cost of branded medicines and surgical consumables, thus making them vulnerable to common diseases that can be easily treated. 

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Therefore, to help reach affordable and quality healthcare services to people living in rural and semi-rural regions, the Indian government through its flagship program- Pradhan Mantri Jan Aushadhi Yojana-  aims to provide affordable healthcare to the underprivileged.

Pradhan Mantri Jan Aushadhi Yojana (PM-JAY)

The PM-JAY is a Government of India scheme to make healthcare accessible and affordable for every citizen by providing low-cost generic medicines and commonly used surgical consumables through its PM-JAY kendras or stores. 

Currently, over 6,500 PM-JAY kendras are functioning all over the country, providing over 8,000 generic medicines and surgical consumables at a lower rate

Who Can Open a PM-JAY Store?

To achieve maximum coverage throughout the country, the Government allows individuals to open PM-JAY kendras and offer lucrative incentives. However, you can open a PM-JAY Kendra, only if:

  • You are a registered doctor
  • You are a registered medical practitioner
  • You are a B.Pharma/ D.Pharma degree holder

You can also open a jan aushadhi kendra if you employ a B.Pharma/D.Pharma degree holder. There is also an opportunity to open a jan aushadhi kendra at the government hospital premise, however, the preference is given to an NGO or charitable trust in this case. 

How to Apply for a PM-JAY Store?

The requirements to apply for a jan aushadhi kendra are:

  • You should have a self-owned or leased shop space of 120 sq ft and above, with all legal documents in place
  • You will need to provide the name of the pharmacist registered with the state council
  • If the applicant is from the SC/ST category or differently-abled, he/she needs to provide required certificates as proof

If you fulfill the above-mentioned requirements for the jan aushadhi kendra, apply online today.

Alongside, you can also apply via the offline process, in which you are required to download the Application Form for opening a Pradhan Mantri Bhartiya Janaushadhi Kendra. 

You will need to fill the application form and send it to the Bureau of Pharma Public Sector Undertaking of India (BPPI), the implementing agency of PM-JAY at the following address:

To, 
The CEO, 
Bureau of Pharma Public Sector Undertakings of India (BPPI), 
8th Floor Videocon Tower, Block E1, Jhandewalan Extension, New Delhi – 110055 Tel – 011-49431800

BPPI is responsible for the procurement of generic medicines at lower prices, marketing, distribution, and monitoring of PM-JAY Kendras.

Profits and Incentives

Opening a PM-JAY is a very lucrative business opportunity, as along with earning reasonable profits, you will also play a key role in transforming the healthcare services in India. 

Following are the monetary incentives granted to jan aushadhi kendra operator:

  • A PM-JAY retailer is provided 20% margin on MRP of each generic drug and 10% margin if you are a distributor
  • If your PM-JAY Kendra is connected to the BPPI systems, you can get up to a maximum of Rs 2.5 lakh of incentives annually. This is calculated 15% on the monthly sales of your store with an upper ceiling of Rs 10,000. For north-eastern states, Naxal-affected and tribal regions, the limit goes up to Rs 15,000. 
  • PM-JAY Kendra operator falling under the category of SC/ST candidate and differently-abled will be given medicines worth Rs 50,000 in advance
  • The store operator will be provided with a remuneration of Rs 1 lakh on purchase of furniture and fittings and Rs 50,000 on purchase of computer, printer and internet. 
  • 2% of total sales or actual loss will be provided against expired medicines. Also, the expired medicines will be considered as a loss for BPPI, not the retailer or distributor
  • 30-days free-credit period will be provided against a post-dated cheque

Therefore, as a retailer, on monthly sales of Rs 1 lakh, you can earn a commission of Rs 20,000 and Rs 10,000 as an incentive. Plus, the establishment cost is also reimbursed by BPPI to a great extent. 

PM-JAY offers an excellent opportunity for individuals and doctors in providing affordable medicines to every citizen of India and is also a viable business model. Individuals and doctors with valid licenses to open the shop can also take a loan under personal loan for doctors and business loan for doctors segment to meet the initial Capex requirement.

Both personal loan and business loan provide flexible loan facilities with loan tenure ranging between 12-60 months, with no collateral and online account access to manage and track your loan account anytime, anywhere.

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