ESIC notified regarding the revision of Pharmaceuticals Purchase Policy (PPP) products linked to the Wholesale Price Index as per the provision contained in DPCO, 2013, and the increase in raw material rates

Jan 05, 2025 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Employees State Insurance Corporation (ESIC) on December 30, 2024, notified regarding the revision of Pharmaceuticals Purchase Policy (PPP) products linked to the Wholesale Price Index as per the provision contained in DPCO, 2013, and the increase in raw material rates.

The following has been stated namely: -

• The revised price list under the Pharmaceuticals Purchase Policy (PPP) includes 159 formulations.

• The effective date for the revised rates of the formulations is October 15, 2024.

Detailed notification is attached below.

[Notification no. - U-25/12/GeM/Misc/2024-MedV (E-997138)/01]


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