Prices of essential medicines set to increase from April Marathi news updates

Increase in prices of essential medicines: It is pocket cutting news of common people. essential drugs Prices will increase from April. Central government (Central government) will now allow pharmaceutical companies to increase the prices of essential medicines. Therefore, the pocket of the common man, who is already facing the brunt of inflation, is going to suffer more.

Prices of essential medicines will increase from April

The prices of essential medicines will increase from the month of April. All drugs will increase in price, including pain relievers, antibiotics and heart medications. Troubled by inflation, the burden on the pocket of the common man will increase. There is a possibility of an increase of up to 12 per cent in the cost of medicines. The prices of essential medicines will be increased for the second consecutive year.

More scissors on common man’s pocket

On the other hand, the prices of scheduled medicines will also increase. However, the information about how much the price will increase in this regard has not been revealed yet. In the backdrop of rising inflation, the pharma industry was demanding an increase in the price of medicines. It has come to light that the central government is ready to allow drug companies to increase prices in line with changes in the wholesale price index.

The price of essential medicines has increased by more than 12 percent.

Prices of essential drugs will increase, leading to an increase in prices of essential drugs including pain relievers, anti-infectives, cardiac drugs and antibiotics. The government is set to issue concessions to pharmaceutical companies to allow changes in the annual Wholesale Price Index (WPI). The annual change in WPI, as notified by the government, could be up to 12.12 per cent in 2022. Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has given this information by issuing a circular on Monday.


10 percent increase in non-scheduled drugs allowed

There are 384 molecules in the National List of Essential Medicines. These drugs are also known as schedule drugs. The prices of these medicines are controlled by the National Pharmaceutical Pricing Authority (NPPA). Therefore, prices of non-scheduled drugs other than essential drugs do not come under NPPA control. An increase of up to 10 per cent per annum is allowed for non-scheduled drugs.

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