While the pharmaceutical industry is striving to balance the supply and demand of Jan Aushadhi stores, the increasing number of centers is creating higher demand. Several essential factors must be considered when opening such a Kendra. These include:
- Space Requirements: Whether owned or rented, the space must have a legal lease agreement. A minimum of 120 sq. ft. is required to start a Jan Aushadhi store.
- Licensing and Permissions: The owner must obtain a legitimate drug license in the name of “Pradhan Mantri Bhartiya Janaushadhi Kendra” and comply with all statutory requirements for drug storage. Attention to this detail is crucial for gaining the necessary permissions.
- Documentation for Individuals: Individuals applying must provide a PAN card and Aadhaar card.
- Documentation for NGOs/Hospitals/Charitable Institutes: These applicants need to submit a Certificate of Incorporation, Registration Certificate, PAN card, and Aadhaar card.
- Government Agencies: Government or government-nominated agencies must provide details of the department allocating the space, along with necessary documents such as the PAN card, sanction order, and Aadhaar card.
- Pharmacist Requirement: Each Jan Aushadhi Kendra must employ a professional pharmacist and present proof of the pharmacist’s name, registration, and other essential details.
- Financial Capacity: Applicants need to demonstrate their financial capacity, including three years of audited accounts. If seeking further loans, a sanction letter must also be presented.
Considering these factors ensures the smooth establishment and operation of a Jan Aushadhi Kendra.
Features of Opening a Jan Aushadhi Kendra:
- Affordable Quality Medicines: Jan Aushadhi Kendras provide high-quality medicines at reasonable prices, making healthcare more accessible for people with low incomes. This ensures that everyone can afford prompt and effective treatment.
- Wide Range of Generic Medicines: These centers offer almost all types of generic medicines. The government ensures that the production and sale of these drugs are robust and efficient.
- Legitimate and Reputable: Recent pharmaceutical news confirms that Jan Aushadhi Kendras are reputable and hold legitimate licenses from the government, ensuring trust and reliability.
- Open to All: Anyone can open a Jan Aushadhi Kendra after fulfilling the necessary legal formalities. The government authorizes these centers, including those opened by NGOs, institutions, or cooperative societies that offer free space for this purpose.
- Quality Assurance: The quality of medicines sold at Jan Aushadhi Kendras is validated by the World Health Organization (WHO) and adheres to Good Manufacturing Practices (GMP) or Current Good Manufacturing Practices. These standards ensure the reliability and safety of the unbranded generic drugs available at these centers.
HOW MUCH CAN YOU EARN BY A PMBJP KENDRA?
Owning a Pradhan Mantri Bhartiya Janaushadhi Kendra (PMBJK) can be financially rewarding despite the lower profit margins typical of generic medicines. Bulk sales can lead to substantial profits. The exact income from a Jan Aushadhi Kendra varies based on monthly sales.
For example, if you sell medicines worth Rs. 1 lakh in a month, you can earn a profit of Rs. 20,000, which is 20% of the sales. Additionally, you might receive an incentive of Rs. 15,000 for your monthly sales, credited directly to your bank account. This can bring your total monthly income to Rs. 35,000.
As the sale of generic drugs and other pharmacy products increases, you can generate more revenue and improve your earnings. The Government of India provides support and assistance to promote the production and sale of generic drugs, ensuring better growth prospects for companies and firms in this sector.
KEYS TO OPENING A JAN AUSHADHI KENDRA
While Pharma Industry is trying to manage the supply and demand of such stores, an increase in the number of centres is generating higher demands. Many other essential factors are vital to open such Kendra. They are as below:
- Either an owned space or the rented one but having a legal lease agreement
- A minimum of 120 Sq. ft. space is a standard space to start up with Jan Aushadhi store.
- Individual entrepreneur
- Charitable Institute/Hospital
- NG0/Trust/society
- Government/ Government Nominated Agency
- Any Other (Please Specify)_________________
- Pan card, Aadhar card, Bank statement, Pharmacist license, Photo, Shop documents
- Government provide 2.50 lakhs subsidy amount for outlet shop
Jan Aushadhi Kendra Dealership
To become a Jan Aushadhi Kendra dealership partner, ensure you meet the eligibility criteria and follow the application process. The initiative welcomes dedicated entrepreneurs who want to provide low-cost, high-quality medicines. As a Jan Aushadhi Kendra dealer, you can expand your business and help more people access the medications they need.