News Report

Thumbs Down To Middle Class| After Fuel, LPG, 800 Essential Medicines To Get Costly By 10.7%

“India’s drug pricing authority on Friday allowed a price hike of 10.7% for scheduled drugs-which are under price control. This is the highest price hike allowed. Over 800 drugs under the National List of Essential Medicines (NLEM) will see a price rise from April.

The NLEM list includes drugs like paracetamol, antibiotics like azithromycin, used to treat bacterial infections, anti-anaemia, vitamins and minerals. Some drugs used for treating moderately to severely ill Covid-19 patients and steroids are also included in the list.

The increase is in line with the Wholesale Price Index (WPI), the NPPA said. the WPI data provided by the office of the Economic Advisor, Ministry of Commerce and Industry.

#PetrolPriceHike #FuelPriceHike #MedicinesPriceHike #Petrol #Diesel #Inflation #LPG #WPI #HWNews

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