The prices of nearly 800 scheduled medicines on the National List of Essential Medicines (NLEM) will cost higher, as per changes in the Wholesale Price Index (WPI) for the calendar year 2021.
In India, the government has historically relied on price controls to regulate the prices of pharmaceutical drugs through the National Pharmaceutical Pricing Authority (NPPA) and Drug (Prices Control) Order, said the Survey.
New Delhi: Refuting Opposition's contention, the government today said there had been no increase in the prices of essential drugs in the last six months.Prices of 44 drugs and 108 formulations have actually come down
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