[Prelims Spotlight] National Pharmaceutical Pricing Authority, Universal Service Obligation Fund,

Here are 2 Back2Basics collections from today’s news items

B2B #1: From news- DoT releases draft National Telecom Policy

National Pharmaceutical Pricing Authority

  1. NPPA is a regulatory agency under Ministry of Chemicals and Fertilizers of India which was established to fix/ revise the prices of controlled bulk drugs and enforce prices and availability of the medicines in the country, under the Drugs (Prices Control) Order, 1995
  2. It renders advice to the Central Government on changes/ revisions in the drug pricing policy
  3. It regularly publishes lists of medicines and their maximum ceiling prices
  4. It is also entrusted with the task of recovering amounts overcharged by manufacturers for the
    controlled drugs from the consumers
  5. It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels.

B2B #2: From news- India rejects U.S. request on medical device price caps

Universal Service Obligation Fund

  1. USOF was formed by the Central Government in 1999 to help fund projects to provide widespread and non-discriminatory access to quality ICT services at affordable prices to people in rural and remote areas
  2. The money for this fund comes through a Universal Access Levy (UAL) charged from the telecom
    operators as a percentage of various licenses fees being paid by them
  3. The amount from UAL is deposited into the Consolidated Fund of India and require prior parliamentary approval to be dispatched
  4. It is headed by the USOF Administrator who reports to the Secretary, Department of Telecommunications (DoT)

 

As a part of revision for Prelims 2018, Here’s a Factoid to brush up your concepts

Name : Barak

Defence Forces :  Army

Module Type :  Missiles

Brief Intro : 1.Barak 8 (the Hebrew word for Lightning) also known as LR-SAM or as MR-SAM is an Indian-Israeli surface-to-air missile (SAM), designed to defend against any type of airborne threat including aircraft, helicopters, anti-ship missiles, and UAVs as well as cruise missiles and combat jets. Both maritime and land-based versions of the system exist. 2.Barak 8 was jointly developed by Israel Aerospace Industries (IAI), India’s Defence Research & Development Organisation (DRDO), Israel’s Administration for the Development of Weapons and Technological Infrastructure, Elta Systems, Rafael and other companies. Bharat Dynamics Limited (BDL) produce the missiles.

Note4students (wherever applicable) : Also used by navy

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