The National Pharmaceutical Pricing Authority (NPPA) has fixed the ceiling price of 509 essential medicines, bringing down their prices from 5 percent to more than 40 percent.
"NPPA has already fixed the ceiling price in respect of 509 essential medicines out of 680 medicines (628 net medicines) contained in the Schedule-1 of DPCO 2013," PTI quoted Minister of State for Chemicals and Fertilizers Hansraj Gangaram Ahir, as informing the Lok Sabha on Wednesday.
Here is the break-up of number of medicines and the reduction:
Number of Medicines | Percentage of Reduction |
127 | Over 40% |
34 | 35-40% |
30 | 30-35% |
57 | 25-30% |
65 | 20-25% |
44 | 15-20% |
55 | 10-15% |
46 | 5-10% |
51 | Up to 5% |