Dated 17th March 2013
The National Pharmaceutical Pricing Policy, 2012 (NPPP-2012) has been notified on 7th December, 2012. As per provisions of NPPP-2012, all the medicines as specified under National List of Essential Medicines-2011 (NLEM-2011) shall be under price control. NLEM contains 614 formulations of specified strengths and dosage forms, spread over 27 therapeutic categories .
Under the provisions of the Drugs (Prices Control) Order, 1995 (DPCO, 1995) the prices of 74 bulk drugs as listed in its First Schedule and the formulations containing any of these scheduled drugs are controlled. There is no classification as “essential medicines” in the Drugs (Price Control) Order, 1995.
SOURCE: GOVT. OF INDIA, Ministry of Chemicals and Fertilisers