In A Welcome Move, Modi Govt Reduces Prices Of 390 Anti-Cancer Drugs By Up To 87%

The Logical Indian Crew India

March 12th, 2019 / 7:23 PM

Image Source: Hindustan Times

In a move directed to bring relief to cancer patients especially those from economically weaker backgrounds, the central government has announced a massive reduction in the prices of 390 anti-cancer drugs. The hospitals and pharmaceuticals are to follow the new prices from March 8, as per the government order.

The National Pharmaceutical Pricing Authority (NPPA), a government regulatory agency that controls the prices of pharmaceutical drugs in India, has put out a list of 390 drugs with prices cut up to 87% on their website. Prices of 38 brands have been reduced by 75% and more while 124 brands saw a reduction between 50 to 75%. The Centre has kept the trade margin on 42 non-scheduled drugs at 30% and has asked the manufacturers to not compromise on the production volume. 

“On 27 February 2019, NPPA had put 42 anti-cancer drugs under the 30% trade margin cap. Manufacturers and hospitals were directed to convey revised MRP, to be effective from 8th March based on the Trade Margin (TM) formula; 390 brands i.e. 91% of the 426 brands reported by manufacturers, showed downward price movement,” the press statement said.

The Logical Indian Take

The Logical Indian appreciates the govt for taking this step. In our country, we have 22 lakh cancer patients. It is approximated that this move will help save Rs 800 crore of patients’ money. We welcome the move and hope that apart from cancer medicines, medicines required for other fatal diseases too drop in the future making it affordable to all section of citizens. 

Also Read: PM Modi Launches PM-KISAN Scheme, Rs 2,000 Transferred To Over 1 Crore Farmers


Written by : Bharat Nayak

Edited by : Bharat Nayak

Related Stories

Kerala Couple

Love Can Move Mountains: Story Of A Kerala Man’s Moving Gesture Towards Cancer-Stricken Wife

UPA Oil Prices

Have UPA-Era Oil Bonds Prevented Modi Govt From Reducing Oil Prices?

Joy Rides Without Elephants

In A Welcome Move, Uttarakhand HC Banned Animal Rides At National Park

Sanitary Pad GST

No Tax On Sanitary Pad Is A Welcome Move But Period Poverty Remains An Unresolved Issue

Transgender Students Reservation

Welcome Move: Kerala Higher Education Dept Grants Reservation For Transgender Students In Colleges

Mandatory Farming

Kerala: In A Welcome Move Gram Panchayat Makes Farming Mandatory For Villagers

Latest on The Logical Indian


To Revive India’s Economy, Finance Minister Announces Cheaper Loan, Relief For Investors


MCI Issues Notice To Uttar Pradesh University Over Ragging, Threatens To Restrict Admissions For One Year

My Social Responsibility

This WhatsApp Group Has Resolved 500+ Civic Issues Across Bengaluru – From Bumpy Roads To Faulty Drainage


Hyderabad: Ebiz Director, Son Who Lured Students For Profitable Business Arrested In 5000 Crore Fraud


Earth’s Lungs Are Burning: Amazon Rainforest Which Contributes 20% Of Planet’s Oxygen Is On Fire


Southern Railways Receives Rs 50 Crore To Clear Dues, To Continue Housekeeping Services


Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.