Centre says no hike in prices of essential drugs

1. Centre says no hike in prices
of essential drugs
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2. Contd..
Rejecting the opposition's charge that the price of essential medicines had
skyrocketed, the government on Thursday said 350 drugs had been brought
under price control, providing a benefit of over Rs 3,000 crore to customers.
“There is a great misconception. Media has written about it, some members
have also said it here that the price of some medicines has skyrocketed. It is
wrong,“ chemicals and fertilizers minister Ananth Kumar said.
Citing an example, Ananth Kumar said it was alleged that the cost of a cancer
treatment medicine had risen to Rs 1.08 lakh for 30 tablets from Rs 8,500. As
of today , its price is Rs 8,452, he said. The Centre will also come out with
incentives to boost bulk drug industry , he said while noting that 60% of drug
import costing Rs 12,000 crore was from China which he termed as a “health
security concern“.He said that the government, in the last 10 months, had
brought about 350 more medicines under price control.
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