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India: Increase in the prices of essential drugs opposed | Indian Doctors for Peace and Development (IDPD)

31 March 2023

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Indian Doctors for Peace and Development (IDPD)

[March 31, 2023]

[Press Release]

Increasing the price of essential medicines by 12.1% is a retrograde step which will add to the out of pocket expenditure and put burden on the patients who will now have to shelve more money to buy the drugs. Dr Arun Mitra, President Indian Doctors for Peace and Development (IDPD) has said that they had submitted a memorandum to the National Pharmaceutical Pricing Authority (NPPA) in October 2022 demanding streamlining the prices of drugs. We had demanded Drug prices should be regulated at par with rationalisation of trade margins. The ex-factory price of the drugs should be calculated on the basis of cost involved in its production and cap the trade margin to a maximum of 30% from the factory price to the consumer. All the chemicals which are labeled as medicines should be included in the list of essential medicines because medicines are not a choice of the patient therefore it is important to bring more drugs under Drug Price Control Order (DPCO).

India