Question
Explain the procedure adopted by NPPA for Price Fixation of Drugs.
Answer :
Word Count : 569
The National Pharmaceutical Pricing Authority (NPPA) is a regulatory body under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India. It plays a vital role in regulating the prices of drugs and ensuring the availability of medicines at affordable rates without compromising quality. The procedure adopted by NPPA for price fixation of drugs is systematic, guided by the principles laid down in the Drugs (Prices Control) Order (DPCO), 2013, and is aimed at maintaining a balance between the interests of consumers and the pharmaceutical industry. The first step in the procedure involves the identification of drugs included in the National List of Essential Medicines (NLEM). Only drugs listed in NLEM fall under the category of scheduled drugs for price control. Once the drug is notified under NLEM, NPPA initiates the process of price fixation or revision as mandated by ______ ___ _________ _____ ________ ________ _________ ____.
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The National Pharmaceutical Pricing Authority (NPPA) is a regulatory body under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India. It plays a vital role in regulating the prices of drugs and ensuring the availability of medicines at affordable rates without compromising quality. The procedure adopted by NPPA for price fixation of drugs is systematic, guided by the principles laid down in the Drugs (Prices Control) Order (DPCO), 2013, and is aimed at maintaining a balance between the interests of consumers and the pharmaceutical industry. The first step in the procedure involves the identification of drugs included in the National List of Essential Medicines (NLEM). Only drugs listed in NLEM fall under the category of scheduled drugs for price control. Once the drug is notified under NLEM, NPPA initiates the process of price fixation or revision as mandated by ______ ___ _________ _____ ________ ________ _________ ____.
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