The government fixed the trade margin at 70 percent on five critical medical devices, including oximeters and digital thermometers.
The government fixed the trade margin at 70 per cent on five critical medical devices, including oximeters and digital thermometers. This will reduce the prices of these devices used in the treatment and prevention of COVID-19.
The National Pharmaceutical Pricing Authority (NPPA) has approved DPCO (Pharmaceutical Price) to impose limits on trade margins of five medical devices – oximeters, glucometers, BP testing machines, nebulizers and digital thermometers. Control Order) 2013 has exercised extraordinary powers under para 19.
5 essential items will be cheap
NPPA has taken steps to rationalize trade margins in respect of Oximeter, Glucometer, BP Testing Machine, Nebulizer and Digital Thermometer, the authority wrote on Twitter on Tuesday. The margin at the distributor level has been fixed at 70 percent.
NPPA brings Pulse Oximeter, Glucometer, BP monitor, Nebulizer and Digital Thermometer under Trade Margin Rationalisation. Caps Margin at Distributor @70%. (1/2) @mansukhmandviya @bhagwanthkhuba @Pharmadept @CDSCO_INDIA_INF @PIB_India @PIBHindi
— NPPA~India🇮🇳 (@nppa_india) July 13, 2021
The rule will be applicable from July 20
The revised prices as per NPPA will be effective from July 20. At present, margins range from 3 percent to 709 percent on these devices. The NPPA said in its order that this step has been taken with the aim of making medical equipment affordable during the COVID epidemic.
read this also- Tata 1MG franchise: Become a partner of Tata group by investing only 10 thousand rupees, will earn big every month