Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusinessCompanies

Government trying to build policy to put trade margins in place: NPPA

The pricing regime could get even more stringent going forward, that is the word coming in from National Pharmaceutical Pricing Authority (NPPA) Chairman Bhupendra Singh. In an exclusive chat with CNBC-TV18's Priya Sheth, he also speaks about a new government policy that is in the works to monitor the pricing of drugs and devices.

January 22, 2018 / 04:27 PM IST

The pricing regime could get even more stringent going forward, that is the word coming in from National Pharmaceutical Pricing Authority (NPPA) Chairman Bhupendra Singh. In an exclusive chat with CNBC-TV18's Priya Sheth, he also speaks about a new government policy that is in the works to monitor the pricing of drugs and devices.

Government is trying to evolve a policy, some kind of trade margin to be placed in case of drugs and devices and I am hopeful that when the policy comes, the NPPA will not be required to take isolated actions in case of certain drugs or devices, he said.

For more, watch accompanying video...

CNBC-TV18
Tags: #Business
first published: Jan 22, 2018 04:27 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347