This has happened following the capping of prices by the National Pharmaceutical Pricing Authority (NPPA)
Call it readiness for the third wave or a lesson from the second wave, when medical equipment like oximeters and digital thermometers were high in demand. However, in some areas, there was a huge gap between demand and supply.
Whatever may be the reason, but the Indian Union Government has decided to reduce the prices of five medical equipment – pulse oximeter, blood pressure monitoring machine, digital thermometer, nebulizer, and glucometers – which were high in demand during the second wave of Covid-19 pandemic in India.
The announcement came from Union Health Minister Mansukh Mandaviya that the government has capped the trade margin of the above mentioned five medical equipment
This has happened following the capping of prices by the National Pharmaceutical Pricing Authority (NPPA).
The announcement in this regard came from Union Health Minister Mansukh Mandaviya that the government has capped the trade margin of the above mentioned five medical equipment.
According to the Union Ministry of Chemicals and Fertilisers, “91% brands of five medical devices reported downward revision of prices.”
“It was further notified that the prices are to be revised by manufacturers or importers as per the formula prescribed. The revised prices shall be effective from July 20, 2021,” said a office memorandum of Rajesh Kumar T, deputy director, medical devices, NPPA.
