MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF CHEMICALS AND FERTILIZERS AND MINISTER
OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION
(SHRI SRIKANT KUMAR JENA)
(a)& (b): The Drugs (Prices Control) Order, 2013 (DPCO, 2013) notified on 15th May, 2013 provides
for fixation of prices of scheduled formulations on the basis of âmarket based pricesâ instead
of âcost based pricingâ which hitherto was being followed under DPCO, 1995. NPPA has already
notified the ceiling prices in respect of 291 medicines under provisions of the DPCO, 2013. The
first notification covering 151 NLEM- 2011 drugs was issued on 14.06.2013.
The manufacturers of mentioned scheduled formulations having maximum retail price higher than
the ceiling price are required to revise the MRP to an amount not exceeding the ceiling price
plus local taxes, wherever applicable within a period of 45 days from the date of price
notification by NPPA in accordance with paragraph 13 (1) and 24 of the DPCO,2013.
The manufacturers are also mandated to issue a price list in Form-V as per paragraph 24 (2) of
the DPCO, 2013. All the existing manufacturers of scheduled formulations having MRP lower than
the ceiling price are required to maintain the existing MRP in accordance with paragraph 13
(2) of the DPCO, 2013.
(c) & (d) : Information is being collected and will be laid on the table of the House.