Hotline: 1800 102 2007
Hotline: 1800 102 2007
Sep, 01 2017

Proposed Pharma Policy Attenuates its Powers, Says NPPA

National Pharmaceutical Pricing Authority Opposes government proposed National Pharmaceuticals policy.

Proposed Pharma Policy Attenuates its Powers, Says NPPA

The government’s proposed National Pharmaceuticals policy has been opposed by The National Pharmaceutical Pricing Authority (NPPA) for trying to dilute their powers and seeking statutory status under a new legislation for affordable healthcare. The body, which monitors the prices of essential medicines in India, has put forward the proposal for establishment of an appellate assembly in the place of the existing system to review its decisions and appeal its orders. In order to set prices of essential medicines, the draft of the National Pharma Policy was put forward in August which also had proposed to revamp NPPA.

NPPA tweeted in regards to the consultation for the proposed policy in which they stated “Create ‘Appellate tribunal’ for appeal against NPPA orders; don’t dilute it in name of ‘strengthening’. NPPA, which presently functions as an autonomous body, also recommended leaving behind regulations like the Essential Commodities Act and the Drug (Prices Control) Order in order to set solid grounds for the formation of affordable healthcare. Other suggestions included amendments to the drug pricing policy and setting up an advisory body of experts for strengthening of the regulatory body. 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Bakery Products
    About the Brand: Country Harvest is a foods brand with the..
    Locations looking for expansion West Bengal
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater kolkata West Bengal
  • Kids/Candy Stores
    JOIN INDIA’S 1st ZERO ROYALTY FRANCHISE MODEL - Khilonewala Toy Library! About..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2011
    Franchising Launch Date 2013
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
  • Bakery & Confectionary
    About Us: The Churro Co. is quintessential cafe chain for Mumbai..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Online Food Ordering Services
    Invest and own the food delivery business in your area  Yumzy,..
    Locations looking for expansion Telangana
    Establishment year 2016
    Franchising Launch Date 2020
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Hyderabad Telangana
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities