Srinagar Observer
Friday, May 16, 2025
  • Home
  • Top News
  • Kashmir
  • Jammu
  • Business
  • Sports
  • National
  • World
  • Editorial
    The Habitual Shifts

    The Habitual Shifts

    Assuring Crime Free Society

    Assuring Crime Free Society

    Stimulating Young Energy

    Stimulating Young Energy

    An Ethical Denial

    Beating Inflation

    Beating Inflation

    The Timely Exigence

    The Timely Exigence

    Extension in Academics

    Extension in Academics

     Aiding Healthcare

     Aiding Healthcare

    Development in Disguise

    Development in Disguise

    Gender-Free Conviction

    Gender-Free Conviction

  • Edit-Oped
  • ePaper
No Result
View All Result
Srinagar Observer
  • Home
  • Top News
  • Kashmir
  • Jammu
  • Business
  • Sports
  • National
  • World
  • Editorial
    The Habitual Shifts

    The Habitual Shifts

    Assuring Crime Free Society

    Assuring Crime Free Society

    Stimulating Young Energy

    Stimulating Young Energy

    An Ethical Denial

    Beating Inflation

    Beating Inflation

    The Timely Exigence

    The Timely Exigence

    Extension in Academics

    Extension in Academics

     Aiding Healthcare

     Aiding Healthcare

    Development in Disguise

    Development in Disguise

    Gender-Free Conviction

    Gender-Free Conviction

  • Edit-Oped
  • ePaper
No Result
View All Result
Srinagar Observer
No Result
View All Result
Home Latest

Essential Medicines Including Painkillers, Antibiotics To Get Costlier By 12% From April 1

SO NEWS Desk by SO NEWS Desk
March 29, 2023
in Latest, Top News
A A
0
Essential Medicines Including Painkillers, Antibiotics To Get Costlier By 12% From April 1
Share on FacebookShare on TwitterWhatsApp

RELATED POSTS

Prof. Nilofer Khan re-appointed as Vice Chancellor University of Kashmir

Karnah Admin Launches Comprehensive Bunker Survey After Intense Border Shelling

New Delhi, Mar 29: Essential medicines including painkillers, antibiotics and anti-infectives are set to become costlier by more than 12% from next month. This is the highest annual increase on record in the prices of these medicines.
India’s drug pricing authority on Monday allowed a price hike of 12.1218% from April 1 for scheduled drugs that are under price control. This will cover more than 800 drugs on the National List of Essential Medicines.
Last year, the NPPA allowed a 10.7% increase in drug prices, citing a similar change in the WPI.
Malini Aisola, co-convenor of All India Drugs Action Network (AIDAN) said the latest “massive” hike will distort price controls and hence the government should intervene.
“This (increase) is the highest seen since the DPCO (Drugs [Price Control] Order) 2013 came into force and this is the second year in a row that the WPI is higher than the annual permitted price hike for non-scheduled formulations (10%),” she said.
“Such a drastic hike will distort the price controls in place on essential medicines; the government should intervene in the interest of maintaining the affordability of these drugs. Such high back-to-back price increases are undermining the purpose of price fixation of essential medicines,” she said.
The industry had been demanding a substantial increase in prices as it has been battling rising input costs due to the pandemic.
According to industry experts, over the last two years, the prices of some key active pharmaceutical ingredients have increased significantly.
Earlier, a pharma lobby group that represents more than 1,000 Indian pharmaceutical manufacturers, had urged the government to allow prices of all scheduled formulations to be increased by 10% with immediate effect. It had also sought a 20% increase in the prices of non-scheduled drugs.

Related

ShareTweetSend
SO NEWS Desk

SO NEWS Desk

Related Posts

Prof. Nilofer Khan re-appointed as Vice Chancellor University of Kashmir

Prof. Nilofer Khan re-appointed as Vice Chancellor University of Kashmir

by SO NEWS Desk
May 16, 2025
0

SRINAGAR, MAY 16 - The Chancellor of the J&K Universities, Lieutenant Governor Manoj Sinha, on Friday re-appointed Prof. Nilofer Khan...

Karnah Admin Launches Comprehensive Bunker Survey After Intense Border Shelling

Karnah Admin Launches Comprehensive Bunker Survey After Intense Border Shelling

by SO NEWS Desk
May 16, 2025
0

Karnah Kupwara: On the direction of Deputy Commissioner Kupwara, Ayushi Sudan, the Karnah administration carried out extensive inspections in Tangdar...

DC Kupwara Ayushi Sudan Visits LOC in Tangdhar

DC Kupwara Ayushi Sudan Visits LOC in Tangdhar

by SO NEWS Desk
May 11, 2025
0

KUPWARA, KARNAH, MAY 11 - DC Kupwara Ayushi Sudan today visited the Line of Control (LOC) in Tangdhar, reaching the...

JKAS members grieved over tragic demise of ADC Rajouri

JKAS members grieved over tragic demise of ADC Rajouri

by SO NEWS Desk
May 10, 2025
0

SRINAGAR, MAY 10 - Members of Jammu and Kashmir Administrative Service (JKAS) on Saturday expressed grief and sorrow over the...

CM Omar Abdullah J&K Appreciates IGNOU’s Achievements in Kashmir

CM Omar Abdullah J&K Appreciates IGNOU’s Achievements in Kashmir

by SO NEWS Desk
May 7, 2025
0

SRINAGAR, MAY 07 - The Chief Minister of the Union Territory of Jammu & Kashmir, Shri Omar Abdullah, lauded the...

Next Post
DDC Udhampur inspects ongoing works of Devika Project

DDC Udhampur inspects ongoing works of Devika Project

LG Manoj Sinha Chairs Meeting To Discuss Preparations For Amaranth Yatra 2023

LG Manoj Sinha Chairs Meeting To Discuss Preparations For Amaranth Yatra 2023

Digital Edition

Srinagar Observer

Srinagar Observer is an English Newspaper based in Jammu and Kashmir

CATEGORY

  • Business
  • Edit-Oped
  • Editorial
  • Jammu
  • Kashmir
  • Latest
  • National
  • Photo Gallery
  • Sports
  • Top News
  • Uncategorized
  • World

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 9,375 other subscribers

Archives

No Result
View All Result
  • Home
  • About Us
  • Contact Us
  • Advertise

© 2024 Srinagar Observer - Designed by GITS.

No Result
View All Result
  • Home
  • Top News
  • Kashmir
  • Jammu
  • Business
  • Sports
  • National
  • World
  • Editorial
  • Edit-Oped
  • ePaper

© 2024 Srinagar Observer - Designed by GITS.