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The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.It was formed on 29 August 1997.
Video National Pharmaceutical Pricing Authority
Drug Price Control Orders
The NPPA regularly publishes lists of medicines and their maximum ceiling prices.The latest DPCO was released in 2013 which has a list of 384 drugs. On 4 December 2017, it was announced a Multi-disciplinary committee of experts for consultation on matters pertaining to implementation of drug price control order (DPCO) including technicalities involved in pricing and new launches will setup and It will have member secretary of National Pharmaceutical Pricing authority (NPPA) as its convener.
Maps National Pharmaceutical Pricing Authority
Functions
- To implement and enforce the provisions of the Drugs (Prices Control) Order in accordance with the powers delegated to it.
- To deal with all legal matters arising out of the decisions of the Authority.
- To monitor the availability of drugs, identify shortages, if any, and to take remedial steps.
- To collect/ maintain data on production, exports and imports, market share of individual companies, profitability of companies etc, for bulk drugs and formulations.
- To undertake and/ or sponsor relevant studies in respect of pricing of drugs/ pharmaceuticals.
- To recruit/ appoint the officers and other staff members of the Authority, as per rules and procedures laid down by the Government.
- To render advice to the Central Government on changes/ revisions in the drug policy.
- To render assistance to the Central Government in the parliamentary matters relating to the drug pricing.
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References
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External links
- Official website
Source of article : Wikipedia
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