New Delhi-Minister of State for AYUSH Shripad Yesso Naik and Minister of State for Culture and Environment and Forest Dr. Mahesh Sharma addressed the inaugural session of the two day National Seminar on Entrepreneurship and Business Development in Ayurveda.This seminar is being organised by Ministry of AYUSH in association with NITI Aayog at Dr. Ambedkar International centre, New Delhi, with the aim of encouraging entrepreneurs and Ayurveda stakeholders towards businesses opportunities in the sector.

Addressing a large gathering Shri Naik said that forming institutions and giving them funds is not enough to develop Ayurveda industry. He said that in the last four years the Ministry of AYUSH has taken several initiatives to promote Ayurveda industry and striving to link it with Prime Minister Narender Modis revolutionary programs like Start up India, Make in India,Invest in India and Digital India. The AYUSH Minister informed that the ancient Scriptures of Ayurveda have at least 1.25 lakhs formulations which are collected in Traditional knowledge Digital Library. Each one of these formulations can be used to treat 20 to 30 different diseases. In this way we have 20 lakh medicines which is an incredible and unimaginable figure for entrepreneurs.