Sunday, 05 May 2024

 

 

LATEST NEWS It is the responsibility of the state to close dirty drains Mann campaigns for Chaitar Vasava in Bharuch, the people of Gujarat Raj Shamani Net Worth [May 2024]: Unveiling the Entrepreneurial Journey and Net Worth National parties want to push Punjab in black era, may postpone elections in state: NK Sharma Tim Hortons® Brews Up Excitement as it Makes its Debut in Hyderabad! Congress Inaugurates Election Office In Dehlon, Ludhiana Voters must dedicate one day to the country, every vote is important in democracy, Anurag Agarwal 20 Best Neha Gupta Web Series Updated 2024 | 5 Dariya News NCC cadets to be engaged on duty on Poll day Wagah Border will soon open for business – Gurjeet Singh Aujla It is Congress Versus Rest in Punjab : Amrinder Singh Raja Warring President Droupadi Murmu given warm welcome on reaching Shimla Dolly Chai Wala Net Worth 2024 | From Street Tea Seller to Internet Sensation DEO Sakshi Sawhney takes stock of EVMs/VVPATs segregation Punjab Police Seizes 4kg Ice Drug, 1kg Heroin From Amritsar; One Held CEO Maneesh Garg directs to speed up Forms disposal process Renowned Author Ketan Bhagat Enlightens the students at CGC Jhanjeri with Life Lessons and Success Strategies LPU organized two-day International Conference on Advancements in Aerospace Engineering Gippy Grewal, Hina Khan And The Entire Cast Of Shinda Shinda No Papa Attend The Film’s Press Conference In Chandigarh Chitkara University Honours Dr. Ajai Chowdhry with Honorary Doctorate for Technological Innovation and Philanthropy Viral Video of Vada Pav Girl Arrested By Delhi Police | 5 Dariya News

 

Regulator's power to cap non-essential drugs' prices withdrawn

Listen to this article

Web Admin

Web Admin

5 Dariya News

New Delhi , 23 Sep 2014

The government has withdrawn the regulator, National Pharmaceutical Pricing Authority’s (NPPA) powers of fixing the prices of non-essential medicines.The government order, issued late Monday, comes after NPPA's decision in July to set a price ceiling on more than 100 drugs that provoked protests from several pharma players' groups like the Indian Pharma Alliance (IPA). "In compliance with the directions received from the government in the Department of Pharmaceuticals, the internal guidelines issued by the NPPA on May 29, 2014, under Paragraph 19 of DPCO, 2013, are hereby withdrawn with immediate effect," the NPPA said in a statement. The withdrawing of the NPPA’s powers to fix prices of non-essential medicines will be on a prospective basis, and will not affect the price caps imposed in July on 108 drugs, an official source told IANS Tuesday. The NPPA on July 10 invoked Para 19 of the Drug Prices Control Order (DPCO) to bring 108 anti-diabetic and cardiovascular medicines under price control.Paragraph 19 of DPCO, 2013, authorises the drugs regulator in extraordinary circumstances and in public interest, to fix the ceiling price or retail price of any drug for such period as it deems fit.

 

 

Tags: health

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD