On Ayurveda Day Indian PM inaugurates Ayurveda institute

Aims to boost Ayurvedic industry

Business

Business & Politics

News - India & You

October 17, 2017

/ By / New Delhi



Aurveda- The Science of Life

Ayurveda- The Science of Life

Prime Minister Narendra Modi will inaugurate the first ever All India Institute of Ayurveda (AIIA) today on account of ‘Ayurveda Day’. Modelled on the lines of AIIMS, AIIA set up as an apex institute under the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH), aims to bring synergy between Ayurveda and modern diagnostic tools and technology.

The institute is built with an aim to focus on fundamental research of Ayurveda, drug development, standardization, quality control, safety evaluation and scientific validation of Ayurvedic medicine. The institute is built with an aim to focus on fundamental research of Ayurveda, drug development, standardization, quality control, safety evaluation and scientific validation of Ayurvedic medicine. Covering an area of more than 10 acres and built on a budget of INR 1.57 billion, the AIIA is the first medical institute under the AYUSH ministry to hold the coveted National Accreditation Board for Hospitals and Healthcare Providers (NABH) accreditation.

The Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy, abbreviated as AYUSH, is the state-funded body in India aimed at developing education and research in Ayurveda (a branch of traditional Indian medicine), yoga, naturopathy, Unani, homoeopathy and other indigenous medicine systems. It was earlier known as the Department of Indian System of Medicine and Homeopathy (ISM&H). Formed on November 9, 2014, AYUSH ensures the optimal development and propagation of AYUSH systems of health care.

The new institute will have facilities such as pathology, biochemistry, microbiology and radiology laboratories with improved diagnosis facilities. The hospital currently has neurological and degenerative disease care unit, rheumatology and musculoskeletal care unit, diabetes and metabolic/allergic disorders care unit, Yoga, Panchakarma clinic, Kriya Kalpa, diabetic retinopathy clinic and infertility clinic. It started post-graduate programme (MD/MS) in Ayurveda from the academic session 2016-17 and the PhD courses have commenced for the session 2017-18.

AIIA had already started its post-graduate programme (MD/MS) in Ayurveda from the academic session 2016-17 and the PhD courses have commenced for the session 2017-18.

Ayurvedic Boost

The inauguration of AIIA is expected to boost medical tourism in India as the institute is designed with state-of-the-art facilities that will attract foreign patients for Ayurvedic treatment of chronic health problems. It also boasts of pathology, biochemistry, microbiology and Radiology laboratories/Diagnosis facilities.

Emphasising that Ayurveda will provide affordable healthcare, Union Minister for State for AYUSH, Shripad Yesso Naik on Monday stated that a three-fold increase in market size of Ayurvedic products from USD 2.5 billion to USD 8 billion is expected by 2022. Addressing an “Ayurveda Conclave” in New Delhi, Naik said, “Ayurveda is witnessing a resurgence in India and around the globe. It advocates preventive health care methods of treatment; it is not a system of medicine, but a science of life and longevity.”

The International Journal of Ayurvedic Medicine puts in an article, “India’s share in the export of herbals is 2.5 pc of the total global herbal market. While with the same biodiversity and ancient culture the China has 13 pc share of the global herbal market. So there is obviously vast scope for Indian manufacturers for entering the growing worldwide opportunities of business in Herbal Pharmaceutical field.”

The Indian herbal market is nearly INR 50 billion and is witnessing an annual growth of 14 pc. INR 1 billion worth of herbal product, ingredients and extracts are being exported every year. With the demand for medicinal plants increasing worldwide, the World Health Organization (WHO) has projected that the global herbal market will grow to USD 5 trillion by 2050 from the current level of USD 62 billion.

India and China are the largest producers of more than 70 pc of the global diversity. The significant global herbal export markets for India include EU, USA, Canada, Australia, Singapore, and Japan. The emerging markets (globally) include Brazil, Argentina, Mexico, China and Indonesia.

To observe ‘Ayurveda Day’, the Ministry of AAYUSH requested all the state governments, Ayurveda teaching institutions, associations of Ayurveda practitioners and Ayurveda drug industries to undertake various activities such as organising public lectures, seminars, exhibition and radio shows.

Similar Articles

YOU MAY ALSO LIKE

0 COMMENTS

    Leave a Reply

    Your email address will not be published. Required fields are marked *