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Prices of important medicines down by 6.73%, says Health Ministry

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Prices of important medicines down by 6.73%, says Health Ministry

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So far, the costs of 651 important medicines have been mounted.

According to Health Ministry sources, India has been taking steps to make sure the supply of reasonably priced medicines for the plenty, with a major discount of 6.73% in important medicines’ pricing.

In 2022, after a spot of 5 years, the federal government ready a brand new Essential Medicine listing, together with 870 medicines. So far, the costs of 651 important medicines have been mounted.

The authorities has been working in the direction of reaching its objective of common well being protection.

The Drugs Pricing Control Order (DPCO) was formulated in 2013 by the earlier authorities to manage drugs costs. The pricing of important and scheduled medicines is impacted by the motion in Wholesale Price Index (WPI) as per DPCO 2013.

Average costs of important medicines have gone down nearly 4 p.c, the ministry stated.

These bulletins had been made at a Monday morning briefing by Health Minister Mansukh Mandaviya on prescribed drugs points.

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