The government has reduced the prices of 41 commonly used medicines and six formulations used to treat diseases such as diabetes, heart and liver ailments.
Antacids, multivitamins, and antibiotics are among the medicines that will become cheaper, according to a notification issued by the Department of Pharmaceuticals and National Pharmaceutical Pricing Authority (NPPA).
The pharma companies have been instructed to pass on the information on the reduced price of various medicines to dealers and stockists with immediate effect.
The decision was taken at the 143rd meeting of the NPPA in order to ensure that the cost of essential medicines remains affordable for the public.
India is among the countries with the highest number of diabetes cases in the world with over 10 crore diabetes patients in the country who are expected to benefit from the price cut.
Last month, the Department of Pharmaceuticals released its annual revised ceiling prices for 923 scheduled drug formulations and revised retail prices for 65 formulations, effective April 1.
EAM Jaishankar calls on Singapore President, discusses bilateral cooperation in semiconductors, industrial parks and skilling
External Affairs Minister (EAM) S. Jaishankar called on visiting Singapore President Tharman Shanmugaratnam in New Delhi on Wednesday, holding discussions with the foreign dignitary on bilateral cooperation in several areas ahead of his scheduled meetings with President Droupadi Murmu and Prime Minister Narendra Modi on Thursday.
GRAP IV restrictions reimposed in Delhi-NCR as pollution levels surge
The CAQM had, on January 12, revoked Stage-3 restrictions after the AQI in Delhi improved due to rainfall. Stage-IV restrictions include a ban on all construction activities, the entry of non-essential polluting trucks into Delhi, and the mandatory shift of school classes, except for classes 10 and 12, to hybrid mode.
Govt contemplating to curb dependency on import of fish from outside: Minister Sudhangshu Das in Assembly
The state fishery minister Sudhangshu Das on Wednesday informed the assembly that the government is contemplating to increase local fish production and curb the dependency on imports from outside and neighbouring Bangladesh.
Major hike of salaries for Ministers, MLAs as bill passed in Tripura assembly
The bill proposes that the chief minister will now receive a monthly salary of Rs 97,000 with Rs 13,000 as sumptuary allowance while ministers and the Leader of the Opposition will get Rs 95,000 with an allowance of Rs 12,000 per month. The MLAs too will now draw Rs 93,000 as salary with Rs 12,000 as allowance.
'Govt working with dedication, spirit of service': PM Modi says during ISKCON Temple inauguration in Navi Mumbai
Prime Minister Narendra Modi on Wednesday said that India is a living land with a vibrant culture and the main foundation of "our spiritual culture is the spirit of service", which is the consciousness of this culture.
India's goods and services exports clock 6pc growth to scale $602bn mark in April-Dec
India's total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in the same period of the previous financial year, the Commerce and Industry Ministry announced on Wednesday.
SC issues notice on Congress plea challenging amendments to Conduct of Election Rules
The Supreme Court on Wednesday agreed to examine a plea filed by senior Congress leader Jairam Ramesh challenging the amendment to the Conduct of Election Rules, 1961, which restricts public access to election materials, such as CCTV footage unless explicitly listed by the Election Commission of India (ECI).
Experts urge heart disease patients to avoid extreme weather exposures
Various studies show that the platelet aggregability and the tendency to form clots in the arteries increase during the winter season. This can also increase the rate of heart attacks during the winter season.