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Parl panel reviews medicine price spikes

Mint Mumbai

|

January 13, 2025

The panel's move may lead to a lowering of prices of life-saving medicines

- Priyanka Sharma

The Parliamentary Standing Committee on Chemicals and Fertilizers reviewed the prices of essential medicines on 7 January in a meeting attended by officials from the Department of Pharmaceuticals (DoP). This move may lead to a lowering of prices of life-saving medicines.

The union government announced a 50% hike in the price of essential drugs, as approved by the National Pharmaceutical Price Authority (NPPA) last October.

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