The Prime Minister's Office has constituted a task force on petroleum, chemical and Petrochemical Investment Regions to provide an appropriate policy framework for their development, the Rajya Sabha was informed on Friday.

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The task force will finalise the number and location of PCPIRs, the Minister of State for Chemicals and Fertilisers BK Handique said in a written reply.
He said Government was also actively considering proposal for restructuring of ailing Madras Fertilisers Ltd.
Pharma Policy: The Minister said the Government is likely to finalise a new pharmaceutical Policy shortly and the issue of trade margin would also be addressed therein.
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