National Pharmaceutical Pricing Policy (NPPP-2012)

KEY PRINCIPLES OF NATIONAL PHARMACEUTICALS PRICING POLICY 2012

 

The key principles for regulation of prices in the National Pharmaceuticals Pricing Policy 2012 are:

•   Essentiality of Drugs
•   Control of Formulations prices only
•    Market Based Pricing

The National Pharmaceutical Pricing Policy (NPPP-2012) approved by the Cabinet on November 22, 2012 has been notified on Dec 7, 2012," Minister of State for Chemicals & Fertilisers Srikant Kumar Jena said

The NPPP-2012, would bring 348 essential drugs under price control. The regulation of prices of drugs in the National Pharmaceuticals Pricing Policy 2012 would be on the basis of regulating the prices of formulations only.
The regulation of prices of drugs in the National Pharmaceuticals Pricing Policy 2012 would be on the basis of regulating the prices of formulations through Market Based Pricing (MBP)

 


Note
At present, the government through the National Pharmaceutical Pricing Authority (NPPA) controls prices of 74 bulk drugs and their formulations