The government today said fixation of ceiling prices of medicines has resulted in a saving of Rs 11,463 crore to the public after the implementation of the Drugs Prices Control Order 2013.
Mansukh L. Mandaviya Minister of State for Ministry of Road Transport & Highways, Shipping and Chemicals & Fertilizers, given a written reply to a question on benefits accrued to citizens due to reduction in the prices of essential medicines in recent past, in Lok Sabha today, said that fixation of ceiling prices/MRP of medicines has resulted in a total saving of Rs. 11,463 crores to the public after implementation of DPCO, 2013. This includes the saving of Rs. 4,547 crores on account fixation of ceiling price of coronary stents (including re-fixation) and Rs. 1,500 crores on account of price fixation of Knee implants.
The Minister further informed that NPPA is effectively monitoring the prices of scheduled as well as non-scheduled medicines under DPCO, 2013 so that these formulations are available to public at ceiling prices notified and no manufacturer of non-scheduled formulations can increase more than 10% in price as per provisions of DPCO, 2013.
