The government has notified the National Pharmaceutical Pricing Policy, 2012 (NPPP-2012) where it has also been proposed to regulate and control the prices of National List of Essential Medicines- 2011.
The salient features of National Pharmaceutical Pricing Policy, 2012 (NPPP- 2012) are as under:
¢ The regulation of prices of drugs is on the basis of essentiality of drugs as under National List of Essential Medicines 2011.
¢ The regulation of prices of drugs is on the basis of regulating the prices of formulations only.
¢ The regulation of prices of drugs is on the basis of fixing the ceiling price of formulations through Market Based Pricing (MBP).
This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Rajya Sabha today.
***
