Hotline: 1800 102 2007
X
Search Business Opportunities
Medicine 2014-11-27

Rajya Sabha members seek govt intervention on essential medicines price hike

Soon after the Union Government has directed the National Pharmaceutical Pricing Authority (NPPA) to withdraw its May 2014 guidelines on drug price control, a sharp rise in the prices of medicines could be seen. All opposition parties raised concern in th

Rajya Sabha members seek govt intervention on essential medicines price hike

Soon after the Union Government has directed the National Pharmaceutical Pricing Authority (NPPA) to withdraw its May 2014 guidelines on drug price control, a sharp rise in the prices of medicines could be seen. All opposition parties raised concern in the ongoing winter session in Rajya Sabha.

 

Seeking immediate intervention of the Union Government, opposition parties raised concern over skyrocketing prices of essential medicines during ongoing winter session in Rajya Sabha, says a PTI report.

 

Significantly, a sharp rise in drugs prices, including those used for tuberculosis, AIDS and diabetes treatments, resulting from price decontrol of about 108 drugs.

 

According to a PTI report, the matter was raised by P Rajeeve of CPI-M during Zero Hour saying that the common man is suffering due to the hike in prices of essential medicines used to treat tuberculosis, AIDS, diabetes and heart ailments.

 

He said, the prices of anti-cancer drug Glivec has gone up from Rs 8,500 to Rs 1.08 lakh, while rates of Plavix, used to treat blood pressure and heart ailments will cost Rs 1,615 against Rs 147 earlier. Anti-rabies injection, Kamrab was priced at Rs 2,670, will now cost Rs 7,000.

 

Rajeeve further recalled that the prices shot up after the government directed an autonomous body, the National Pharmaceutical Pricing Authority (NPPA), to withdraw its May 2014 guidelines on drug price control.

Alleging the federal government to work against common man for monopolies, he said, "This has happened because of pressure of pharmaceutical companies."

 

Members for almost all opposition parties backed Rajeeve over the issue and associated themselves with it.

Congress MP, Anand Sharma called it a serious matter and appealed for elaborate discussion over it in the ongoing session. He said, "The House must take note of it and discuss it urgently."

Meanwhile, Sitaram Yechury of CPI-M said the government to give an assurance to get back to the House on the matter soon.

 

However, P J Kurien, Deputy Chairman said it was for the government to respond and he cannot compel it to do so. Holding the matter for further discussion, Mukhtar Abbas Naqvi, Minister of State for Parliamentary Affairs said the anguish of the members will be conveyed to the minister concerned.

Comment
Related opportunities
  • HR & Recruitment
    About Us: SMVA Consultants is a MSME Certified. professional human resource..
    Locations looking for expansion West Bengal
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater kolkata West Bengal
  • Solar Energy and Components
    About Us: Indiagosolar.in  is India's 1st solar e-info commerce marketplace offering..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • E-Commerce & Related
    About Us:   India's First e-Commerce platform to take MOM &POP stores..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Imitation/Art/Junk Jewellery
    About Us: Since1998, Mukesh Lakhara has had one aim – to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
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