Govt slashes prices of 41 medicines

New Delhi, May 16 The government has reduced the prices of 41 commonly used medicines and six formulations used to treat diseases such as diabetes, heart and liver ailments. Antacids, multivitamins, and antibiotics are among the medicines that will become...

IANS

Updated At : 12:55 PM May 17, 2024 IST

New Delhi, May 16

The government has reduced the prices of 41 commonly used medicines and six formulations used to treat diseases such as diabetes, heart and liver ailments. Antacids, multivitamins, and antibiotics are among the medicines that will become cheaper, according to a notification issued by the Department of Pharmaceuticals and National Pharmaceutical Pricing Authority (NPPA).

The pharma companies have been instructed to pass on the information on the reduced price of various medicines to dealers and stockists with immediate effect. India is among the countries with the highest number of diabetes cases in the world with over 10 crore diabetes patients in the country who are expected to benefit from the price cut.

Last month, the Department of Pharmaceuticals released its annual revised ceiling prices and revised retail prices for 65 formulations, effective April 1.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles