The National Pharmaceutical Pricing Authority of India on Friday announced a 10.7 per cent hike in the Wholesale Price Index (WPI) for the calendar year 2021 over the corresponding period in 2020.
The notice issued on Friday, "Based on the WPI data provided by the office of the Economic Advisor, Ministry of Commerce and Industry, the annual change in WPI works out as 10.76607% during the calendar year 2021 over the corresponding period in 2020."
With this announcement, it means that the prices of nearly 800 scheduled medicines on the NLEM, used to treat fever, infections, skin diseases, high blood pressure, anaemia and heart diseases will rise by 10.7 per cent from April 1.
“This is brought to the notice of all concerned for further action as per the provisions of Drugs (Price Control) Order, 2013,” the notice added.
The NLEM includes essential drugs like Paracetamol, Azithromycin, Phenobarbitone, Ciprofloxacin Hydrochloride, Phenytoin Sodium, and Metronidazole.
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