Millennium Post

Drug pricing policy proposal in two weeks: Sharad Pawar

Agriculture Minister Sharad Pawar, who is heading a GoM to formulate the drug pricing policy, on Thursday said the panel will finalise the proposal within the next two weeks.

The group which met on Thursday, agreed to study how emerging countries like Mexico, South Africa, Bangladesh and Sri Lanka fix prices of essential medicines, before finalising the policy on drug pricing in India.

‘We want some information and that information will be supplied within one week’s time...Our desire is to finalise everything in a next 8-10 days time. In the next meeting we will finalise everything,’ Pawar told reporters here after a meeting of the group of ministers[GoM].

Commerce and Industry Minister Anand Sharma said the group has made progress on formulating the policy, with a broad consensus emerging. Minister of State for Chemicals and Fertilisers Srikant Jena said there was consensus for the inclusion of 348 drugs in the National List of Essential Medicines [NLEM].

The commerce ministry has given a view on which there will be an in depth review in the next two weeks and then it will go to the Cabinet, he said.

‘We need time to study how emerging countries like Mexico, South Africa, Bangladesh and Sri Lanka fix the prices of essential medicines. This data was not readily available.    
Agencies

Agencies

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