With reference to National Pharmaceutical Pricing Authority (NPPA), consider following statements

1. ?It is an independent body under Department of Pharmaceuticals under the Union Ministry of Health and Family Welfare.
2. Its function is to fix/revise the controlled bulk drugs prices and formulations.
3. It also recover amounts overcharged by manufacturers for the controlled drugs from the consumers.

Select the correct statement.

About National Pharmaceutical Pricing Authority (NPPA) 

• It is an independent body under Department of Pharmaceuticals under the Union Ministry of Chemicals and Fertilizers.

Its functions are to:

• fix/revise the controlled bulk drugs prices and formulations,
• enforce prices and availability of the medicines under the Drugs (Prices Control) Order, 1995/2013,
• recover amounts overcharged by manufacturers for the controlled drugs from the consumers
• monitor the prices of decontrolled drugs in order to keep them at reasonable levels.

By: Shubham Tiwari