MOCF notified regarding the monitoring of prices by NPPA of scheduled and non-scheduled medicines under the Drugs (Prices Control) Order, 2013

Jul 31, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Chemical and Fertilizers (MOCF) on July 30, 2024, notified regarding the monitoring of prices by NPPA of scheduled and non-scheduled medicines under the Drugs (Prices Control) Order, 2013.

It states that action shall be taken against companies, found selling formulations at prices higher than the permissible price, and the overcharged amount recovered from the company as per the relevant provisions of the Drugs (Prices Control) Order, 2013. 

[Press Release ID: - 2038955]


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