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Slight hike in price of essential medicines from April 1
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Overview
A slight hike in the price of essential medicines, such as painkillers, antibiotics, and anti-infectives, is set to take place on April 1st, in line with the change observed in the Wholesale Price Index (WPI) between 2022 and 2023.
Through a recent notification, the National Pharmaceutical Pricing Authority (NPPA) has declared to permit the pharmaceutical sector to increase the Maximum Retail Price (MRP) of scheduled formulations by approximately 0.00551% at the start of the fiscal year 2024-25, considering the change observed in the Wholesale Price Index (WPI) between 2022 and 2023.
For more information, click on the link below:
Speakers
Roshni Dhar, a Mass com graduate with a soft corner for health happenings, joined Medical Dialogues as a news anchor in 2021. Inspired by her mother who is a gynaecologist, she likes to keep herself and the world updated on the occurring in the medical field. She covers various aspects of health news for MDTV at Medical Dialogues. She can be contacted at editorial@medicaldialogues.in. Contact no. 011-43720751