New Drugs Prices Control Order to Be Issued After Finalisation of New Pharmaceutical Policy

by Medindia Content Team on  December 9, 2006 at 3:25 PM Drug News
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New Drugs Prices Control Order to Be Issued After Finalisation of New Pharmaceutical Policy
Keeping in view the directions of the Supreme Court it has been proposed in the draft National Pharmaceutical Policy, 2006 that basket of drugs for price control would be the essential medicine as contained in the NLEM 2003 in addition to the 74 drugs which are at present under price control under the Drugs (Prices Control) Order, 1995. After the finalisation of the Policy a new DPCO would be issued for controlling prices of identified essential medicines.
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Besides, it has also been proposed in the new draft National Pharmaceutical Policy, 2006 that a separate Drugs (Price Regulation and Control) Act may be introduced to strengthen NPPA for effective monitoring and enforcement of Drug Prices.

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This was stated by the Minister of State in the Ministry of Chemicals & Fertilzers, Shri B.K. Handique in a written reply in the Rajya Sabha today.

Source: PIB
SRM
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