News

Reduction in Prices of Medicines has resulted in Savings of Rs 5,117 Crore

The National List of Essential Medicines 2015 (NLEM) prepared by the Ministry of Health and Family Welfare has been included in the Drugs (Prices Control) Order, 2013 (DPCO 2013) as Revised Schedule � I replacing the Original Schedule – I on 10.03.2016. The Revised Schedule – I contains 376 medicines covering net 814 formulations/packs. The Government has so far fixed the ceiling prices of 540 formulations under Revised Schedule –I of DPCO 2013. The percentage wise reduction in the ceiling price with respect to the highest price is tabulated as follows:

 

Percentage reduction with respect to Maximum Price No. of scheduled formulations
0<= 5% 129
5<=10% 74
10<=15% 67
15<=20% 68
20<=25% 61
25<=30% 42
30<=35% 33
35<=40% 18
Above 40% 48
Total formulations in NLEM 2015 540

 

Further, the NLEM and hence Schedule I of DPCO 2013 do not define lifesaving medicines separately.

 

The fixation of ceiling prices/MRP has resulted in a total saving of Rs. 5117.74 crores to the public after implementation of DPCO, 2013.

 

Public Health being a State subject the primary responsibility to ensure the availability of medicines is that of respective State/UT Governments. Under National Health Mission (NHM) support is being provided to States/UTs for strengthening of their healthcare facilities including support for NHM Free Drugs Service for provision of essential medicines free of cost in public health facilities based on the Programme Implementation Plans submitted by the States/UTs.

Alex

Recent Posts

Minsuzenraku Opens First Hong Kong Location, Bringing Taiwan’s Popular No-Menu Teppanyaki Experience

HONG KONG SAR - Media OutReach Newswire - 22 November 2024 - Minsuzenraku, Taiwan's highly…

18 mins ago

New Directions East Asia 2024: Exploring the Transformative Role of Language Assessment on Education and Society

Bringing together UK and global expertise, the 12th edition of the global language testing and…

2 hours ago

Wine Connection’s Annual Wine Tasting Fair 2024: Discover Your Next Favourite

SINGAPORE - Media OutReach Newswire - 22 November 2024 - Wine enthusiasts in Singapore can…

3 hours ago

Get Wild about the Festive Season with ChristmasVille Furry Monsters Unleash Holiday Fun at Pacific Place and Starstreet Precinct

HONG KONG SAR - Media OutReach Newswire - 22 November 2024 - The spirit of…

3 hours ago

UFC® FIGHT NIGHT MACAU at Galaxy Macau A Thrilling Night of Fights Set for Galaxy Arena on November 23

The Press Conference for the Event Was Held This Afternoon at the Galaxy International Convention…

3 hours ago

HKPC Wins Gold Award in Government PR Category at 20th China Golden Awards for Excellence in Public Relations

HONG KONG SAR - Media OutReach Newswire - 22 November 2024 - The Hong Kong…

3 hours ago