Ceiling of drug prices helped save Rs 11,463 crore to public: Minister informs Parliament

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This includes the saving of Rs 4,547 crore on account of fixation of ceiling price of coronary stents (including re-fixation) and Rs 1,500 crore on account of price fixation of knee implants, he added.
New Delhi: 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.
The information was given in a written reply to a question in the Lok Sabha on the benefits accrued to citizens due to reduction in the prices of essential medicines in recent past.
"...fixation of ceiling prices/MRP of medicines has resulted in a total saving of Rs 11,463 crore to the public after implementation of DPCO, 2013," Minister of State for Chemicals and Fertilizers Mansukh L Mandaviya said.
New Delhi: 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.
The information was given in a written reply to a question in the Lok Sabha on the benefits accrued to citizens due to reduction in the prices of essential medicines in recent past.
"...fixation of ceiling prices/MRP of medicines has resulted in a total saving of Rs 11,463 crore to the public after implementation of DPCO, 2013," Minister of State for Chemicals and Fertilizers Mansukh L Mandaviya said.
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