Pharma firms ask Govt nod to increase drug prices by 20 percent

Published On 2021-11-15 11:56 GMT   |   Update On 2021-11-15 11:56 GMT
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In view of the unprecedented crisis faced by Indian pharmaceutical firms due to the tremendous escalation of input costs, a lobby group that represents over 1,000 Indian pharmaceutical manufacturers has sought the government to allow drug makers to increase prices of all non-scheduled pharmaceuticals by 20 percent.

Non-scheduled medications are currently allowed a maximum annual price rise of 10%

For more details, check out the full story on link below:

Pharma Firms Seek Govt Nod To Hike Drug Prices By 20 Percent: Report

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