Govt. body hikes prices of essential medicines again, says ‘it’s minuscule’
Why in the News? Recently, the National Pharmaceutical Pricing Authority (NPPA) implemented a 0.00551% increase in the Maximum Retail Price (MRP) for scheduled formulations of drugs starting from the commencement of the fiscal year 2024–25. Context: The Department of Pharmaceuticals has released its yearly update of revised ceiling prices for 923 scheduled drug formulations and… Continue reading Govt. body hikes prices of essential medicines again, says ‘it’s minuscule’

