Chennai(PTI): The manufacturing licence of Tamil Nadu based Sresan Pharmaceutical company involved in making the adulterated cough syrup Coldrif has completely been revoked, and the company has been ordered to shut down, the state government informed on Monday.
The state Drug Control Department officials had during an inspection found the cough syrup contained 48.6 per cent of Diethylene Glycol (DEG), a toxic substance. This medicine is linked to the death of children in Madhya Pradesh.
The officials had also found that the company lacked proper good manufacturing practices (GMP) and good laboratory practices (GLP), and they recorded over 300 critical and major violations.
The company’s owner, G Ranganathan, was recently arrested by a special investigation team from Madhya Pradesh.
Earlier in the day, a team from the Enforcement Directorate raided the premises of Sresan Pharmaceuticals and some officials, in a Prevention of Money Laundering Act (PMLA) case.
“The drug manufacturing license of Sresan Pharmaceuticals has been completely cancelled, and the company has been closed. Orders have been given to conduct a detailed inspection of other drug manufacturing companies located in Tamil Nadu,” the government said in a release here.
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New Delhi (PTI): Prime Minister Narendra Modi on Friday said the government's reform trajectory will continue with even more vigour in the coming times as it is committed to boosting 'Ease of Living'.
The prime minister made this observation on a series of posts by the central government on its various reform initiatives.
"Ours is a Government committed to boosting 'Ease of Living' and this thread below gives examples of how we have worked in that direction. Our reform trajectory will continue with even more vigour in the coming times," Modi said.
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With the hashtags #ReformInAction & #GoodGovernance, the central government said in the posts that the real test of reform is whether it reduces stress for people and 2025 marked a clear shift in governance, with reforms focused on outcomes, not complexity.
Simpler tax laws, faster dispute resolution, modern labour codes, and decriminalised compliance reduced friction for citizens and businesses alike. The emphasis was on trust, predictability, and long-term growth, showing how well-designed policy can quietly improve everyday life, the posts by MyGovIndia said.
For millions of Indians, tax relief became real. Incomes up to Rs 12 lakh attract zero tax. Middle-class families now retain more of what they earn, giving them flexibility to spend, save and invest with greater confidence, it stated.
It said the Income Tax Act, 2025 streamlined compliance and brought clarity, transparency, and fairness to the direct tax system, making it more taxpayer friendly and aligned with today's needs.
Small businesses can now grow without fear of losing benefits. Higher investment and turnover limits allow MSMEs to expand while retaining access to loans and tax incentives. This encourages scaling up, hiring more workers, and building stronger local enterprises
Rural employment now creates assets, not just wages. With extended guaranteed employment and a focus on village infrastructure, rural labour is now building permanent assets that strengthen communities and livelihoods, it said.
It observed that workers no longer need to navigate dozens of laws as 29 labour laws were simplified into four clear codes covering wages, safety, social security, and relations.
Rights are clearer, compliance is easier, and women benefit from assured maternity and workplace protections, it stated.
The government also stated that GST has been made simpler for businesses and consumers alike.
With streamlined tax slabs, easier registration, automated processes, and faster refunds, the next generation of GST reforms is improving ease of doing business.The impact is clear in record Diwali sales of Rs 6.05 trillion and the strongest Navratri shopping in over a decade, it said.
It also said that businesses can now bring products to market faster.
With rationalised Quality Control Orders, Indian manufacturers face lower compliance costs, improved efficiency, and greater strength in global markets. More room to grow for Indian businesses, the government said in the posts.
The expanded definition of small companies reduced compliance burden and costs, allowing enterprises with turnovers up to Rs 100 crore to focus on innovation and expansion, it added.
