April 3, 2024 5:26 PM

False, misleading, malicious: Health ministry dimisses reports of hike in medicine prices

The Union Health Ministry on Wednesday dismissed reports claiming an increase in medicine prices of up to 12% starting from April 2024, calling them false, misleading, and malicious. Under the provisions of the Drug Price Control Orders (DPCO) 2013, medicines are categorised as scheduled and non-scheduled formulations. Scheduled formulations, listed in Schedule I of the DPCO 2013, are considered essential, while non-scheduled formulations are not specified in this schedule. According to the Mi...