Drugs (Prices Control) Order, 2013 saved Rs 12,447 crores per annum since implementation

The Ministry of Chemicals and Fertilizers recently reported at the Parliament that the DPCO, 2013 (Drugs Prices Control Order, 2013) has helped to save Rs 12, 447 crores per annum. What is DPCO 2013? The DPCO is an order that was issued by the GoI under Essential Commodities Act, 1955. The order provides details to ..

Month: Current Affairs - March, 2020

Category: India Nation & States Current Affairs

Topics: Drugs Prices Control Order (DPCO) 2013 • Essential Commodities Act • national list of essential medicines • NPPA • World Health Organization (WHO)

GoI invokes DPCO, 2013 for the first time

On December 13, 2019, the Government of India for the first-time invoked Drug Price Control Order, 2013 in order to increase the prices of 21 medicines to ensure their availability. The prices were increased by 50%. These medicines were under price regulation as majority of their ingredients were imported from China. Background of the issue ..

Month: Current Affairs - December, 2019

Topics: Drugs Prices Control Order (DPCO) 2013 • India China • NITI Aayog • NPPA • Pharmaceuticals

Govt. not to allow knee implants cost rise beyond 10% in a year

Government has notified that ceiling price of orthopaedic knee implants will be monitored to ensure that their cost does not increase beyond 10% in a given year. Background Earlier on 16 August 2017, National Pharmaceutical Pricing Authority (NPPA) notified ceiling price of orthopaedic knee implants by invoking extraordinary powers, in public interest, under Para 19 ..

Month: Current Affairs - August, 2019

Topics: Ceiling Price • Drugs Prices Control Order (DPCO) 2013 • Essential Commodities Act • Knee Implant • National Pharmaceutical Pricing Authority • Orthopaedic knee implants • Union Ministry of Chemicals and Fertilizers