Question : Profit on Medicines & Medical Equipments


Will the Minister of CHEMICALS AND FERTILIZERS be pleased to state:

(a) whether some pharma companies are making huge profits on medicines and medical equipments;
(b) if so, the details of the actual production cost and the MRP that is printed;
(c) whether the Government intends to stop such malpractices;
(d) if so, the details thereof and if not, the reasons therefor; and
(e) the steps taken by the Government to provide medicines at affordable rates to the people?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF ROAD TRANSPORT AND HIGHWAYS; MINISTRY OF SHIPPING AND MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI MANSUKH L. MANDAVIYA)

(a): No such data is available with the Department as the ceiling prices of scheduled drugs are fixed on market based data.

(b), (c) & (d): In view of reply to (a) above, does not arise.

(e): The Drugs (Prices Control) Order, 2013 contains provisions for fixing ceiling prices of scheduled drugs/ formulations and also monitoring for the prices of non-schedule drugs/ formulations.



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