Economics · Economy

Consider the following statements regarding MSMEs in the Indian pharmaceutical sector: I. Rising raw material costs have significantly reduced production costs for pharmaceutical MSMEs, thereby improving profitability. II. Pharmaceutical MSMEs can easily pass on increased raw material costs to government buyers due to flexible price escalation clauses in public procurement contracts. Which of the statements given above is/are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Neither I nor II

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