Government-Regulated Medicines to Become Costlier by 1.7%

Thursday, March 27, 2025 2 min read

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-By VOH Team

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Government-regulated medicines, including those for cancer, diabetes, heart conditions, and antibiotics, are set to become costlier, with prices expected to rise by 1.7%, according to government sources.

 

Rajiv Singhal, General Secretary of the All India Organisation of Chemists and Druggists (AIOCD), stated that the price increase would provide relief to the pharmaceutical industry as raw material costs and other expenses continue to rise. He noted that it could take two to three months for the new prices to reflect in the market, as there is typically a 90-day supply of saleable medicines available.

 

A Parliamentary Standing Committee on Chemicals and Fertilisers found that several pharmaceutical firms have repeatedly breached pricing regulations by exceeding allowable price hikes. The National Pharmaceutical Pricing Authority (NPPA), India’s drug price regulatory body, identified 307 instances of such violations.

 

Under the Drug (Prices Control) Order (DPCO), 2013, the NPPA sets ceiling prices for essential drugs, requiring manufacturers and marketers to sell them at or below the fixed rates, plus applicable GST. Despite this, earlier reports from the Ministry of Chemicals and Fertilisers indicated that price ceilings on medicines listed in the National List of Essential Medicines (2022) saved patients an estimated ₹3,788 crore annually.

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