(a) whether the Government have recently revised the prices of
several formulations, as recommended by the National
Pharmaceutical Pricing Authority (NPPA) ;
(b) if so, the criteria adopted by the NPPA to revise the prices of
formulations ;
(c) whether the NPPA have recommended revision of the formulation
prices keeping in view the interests of the industry ; and
(d) if so, the facts thereof and the corrective measures the Government
propose to take in this regard ?
THE MINISTER OF OF CHEMICALS & FERTILIZERS (SHRI SUKHDEV SINGH DHINDSA)
(a) to (d) : A Statement is laid on the Table of the House.
Statement referred to in reply to parts (a) to (d) of the Lok Sabha
Starred Question No.408 for answer on 21.8.2001
Fixation of prices of scheduled drugs and formulations based
thereon is an ongoing process and is undertaken by the National
Pharmaceutical Pricing Authority (NPPA) in accordance with the
provisions of the Drugs (Prices Control) Order, 1995. Revision of
prices is also done as and when called for taking into account the
changes in input costs resulting in both upward as well as downward
revision. The Drug Policy, as amended from time to time, is directed
towards ensuring abundant availability of quality drugs at reasonable
prices.