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Drug price control in India - an ongoing debate

By: Narayanan, Krithiga.
Material type: materialTypeLabelBookPublisher: Economic and Political Weekly Description: 57(50), Dec, 10, 2022: p.17-20. In: Economic and Political WeeklySummary: Price control of life-saving essential medicines is the need of the hour, but the National Pharmaceutical Pricing Authority has allowed a hike of 10% in nearly 800 drugs and devices listed under the National List of Essential Medicines from 1 April 2022 because of the rising input costs. Prices of scheduled drugs are allowed an increase each year acc¬ording to the wholesale price index. Input costs are rising primarily because India is heavily dependent on China for drug imports.- Reproduced
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Articles Articles Indian Institute of Public Administration
50(57), Dec, 10, 2022: p.17-20 Available AR128115

Price control of life-saving essential medicines is the need of the hour, but the National Pharmaceutical Pricing Authority has allowed a hike of 10% in nearly 800 drugs and devices listed under the National List of Essential Medicines from 1 April 2022 because of the rising input costs. Prices of scheduled drugs are allowed an increase each year acc¬ording to the wholesale price index. Input costs are rising primarily because India is heavily dependent on China for drug imports.- Reproduced

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