Medicine Rates Increased: Another blow to the people in rising inflation. In fact, the organization that fixes the prices of medicines in India has increased the prices of medicines. Due to which the rates of 900 medicines have increased.
NPPA i.e. National pharmaceutical pricing authority, the institution that fixes the prices of medicines in India, has increased the prices of medicines. The new prices have become effective from 1 April 2023. The price of medicines has been increased by 10 to 30%. This change in the prices of medicines has been done after reaching 12% of WPI. A gadget notification has been issued in this regard.
The prices of these medicines have increased
- Paracetamol tablets, syrups and injections have all become expensive. Antibiotic drug azithromycin, injection of tramadol given to reduce pain, DPT vaccine, even prices of folic acid medicines have also been increased.
- The price of tetanus injection, vitamin medicines, doxycycline medicine, amphotericin B injection used in the treatment of black fungus has also increased.
- The prices of diclofenac, atorvastatin given to heart patients and amoxicillin have also been increased. Prices of progesterone medicine, calcium carbonate medicine, condoms have also been increased. The prices of insulin pens for diabetes patients have also been increased.
- The prices of glucose and sodium chloride given to hospitalized patients and stents used to open heart blockages have also been increased.
Stents become costlier- Be careful-
Bare metal Stents have become Rs 10,509, while the price of one unit of Drug Eluting Stents has gone up to Rs 38,265.
Will it hit your pocket?
The World Price index reflects the changes in the goods bought and sold in the wholesale market. On the basis of which the price of goods is fixed in India as well. You can say that this is a scale to measure inflation. However, this is a change in the wholesale rate. The increased prices in this list are called Ceiling Price i.e. medicine cannot be sold at a price higher than this price. But if the retailer wants to stay in the competition, it can decide to sell the medicine for less.