​In a first, government admits in SC problem of exorbitant pricing of drugs, promises fix | India News

​In a first, government admits in SC problem of exorbitant pricing of drugs, promises fix | India News


​In a first, government admits in SC problem of exorbitant pricing of drugs, promises fix
A bench of Justices Vikram Nath and Sandeep Mehta said there was no rationale for controlling the price of a few scheduled medicines and allowing the rest to be sold at inflated prices as all medicines are essential. It suggested a uniform rule limiting the MRP to not more than 16% above the price to the retailer (PTR).

NEW DELHI: With Supreme Court toughening its stand against poor patients being forced to pay exorbitant prices for medicines, govt on Tuesday admitted that there was a problem and assured the court it would make efforts to address it.A bench of Justices Vikram Nath and Sandeep Mehta said there was no rationale for controlling the price of a few scheduled medicines and allowing the rest to be sold at inflated prices as all medicines are essential. It suggested a uniform rule limiting the MRP to not more than 16% above the price to the retailer (PTR).

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