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LATEST NEWS UPDATES | Govt forms Niti-led panel to monitor pricing of drugs -Rupali Mukherjee

Govt forms Niti-led panel to monitor pricing of drugs -Rupali Mukherjee

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published Published on Jan 22, 2019   modified Modified on Jan 22, 2019
-The Hindu Business Line

MUMBAI: The government on Monday constituted a standing committee headed by Niti Aayog to oversee the drug pricing regime, a move which could clip the powers of drug pricing regulator, National Pharmaceutical Pricing Authority (NPPA).

The Standing Committee on Affordable Medicines and Health Products will be headed by NITI Aayog member (health), and includes chief economic adviser, besides secretary department of health research, director general of health services, vice-chairperson, National List of Essential Medicines (NLEM) and joint secretary department of industrial policy and promotion.

The notification issued on Monday says the committee will be "a recommending body to NPPA, regarding prices of drugs and health products'', and may examine issues suo-moto or on recommendation of department of pharma, NPPA and department of health. The development comes in the backdrop of recent run-ins between the health and pharma ministries over regulating prices, but now the power centre could be shifting to the policy thinktank.

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The Hindu Business Line, 22 January, 2019, https://timesofindia.indiatimes.com/india/govt-forms-niti-led-panel-to-monitor-pricing-of-drugs/articleshow/67633122.cms


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