Government trying to regulate prices of drugs, admits Union Health Minister
Hotline: 1800 102 2007
X
Search Business Opportunities
Government Policy 2014-11-29

Government trying to regulate prices of drugs, admits Union Health Minister

Giving rest to concerns raised by opposition parties over essential medicines’ prices, Union Health Minister J P Nadda says government is making required efforts.

Government trying to regulate prices of drugs, admits Union Health Minister

Clearing air over concerns raised by opposition leaders in the ongoing winter session, Union Health Minister J P Nadda said the Government is making constant efforts to lower the prices of drugs, according to a PTI report.

He was addressing the Question Hour in the Lok Sabha, where he also assured that the government is promoting use of generic medicines as part of efforts to make them more affordable for the people.

Nadda also expressed need to create an environment for rational use of antibiotics.

Further on the issue, the Health Minister stated that there has been ‘irrational use of drugs’ and steps have been taken to spread awareness about their rational use and also increase the use of generic medicines.

"Medical Council of India has also stressed on the use of generic name of drugs to ensure rational prescription by the physicians under the provisions of Indian Medical Council of (Professional Conduct, Etiquette and Ethics) Regulations, 2002," Nadda told PTI.

Reportedly, the Indian Medical Association (IMA) has initiated a campaign to spread awareness on rational use of antibiotics.

Comment
Related opportunities
  • Cosmetics & Beauty Product Stores
    About Us: Vega Industries Private Limited, Launched in 2000, formerly known..
    Locations looking for expansion New Delhi
    Establishment year 2001
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Multi Cuisine Restaurant
    About:CELEBRATIONz by Exciton Hospitality is conceptualized to offer an amazing..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Express Food Joints / Drive Through
    About Us: Founded in 2017,”Yummerica Fries” brand is present in 10+..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater MUMBAI Maharashtra
  • Quick Service Restaurants
    About: Flying Kukkad is primarily a dark kitchen concept that delivers..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts