350 Drugs Brought Under Price Control: GOI

Government on 23rd April 2015 said 350 drugs had been brought under price control, and it will provide additional benefit of over Rs 3000 crore to customers.

Chemical and Fertilizer Minister Ananth Kumar told Lok Sabha the government plans to have, in a few years, 3000 Jan Aushadhi centres, where life-saving generic drugs will be  sold, any member can have 10 such centres in their constituency.

Always Seek Knowledge:

  • The Centre will also come out with incentives to boost bulk drug industry.
  • There is 60 percent of drug import costing Rs 12000 crore is from China which can be  termed as a “health security concern”.
  • Government in the last 10 months had brought about 350 more medicines under price control.
  • Minister said that it was alleged that the cost of a cancer treatment medicine had risen to Rs 1.08 lakh for 30 tablets from Rs 8500. As of today, its price is Rs 8452.
  •  In the last 10 months nearly 350 more medicines, it has given a benefit of Rs 3000 crore to customers .
  • Government has also launched a toll-free number at which anybody can lodge complaint about scarcity, price or quality of any medicine.
  • India was producing 80000 formulation and exporting medicines to over 200 countries.