Consider the following statements regarding National Pharmaceutical Pricing Authority NPPA 1 nb...........

Social Issues Health

Consider the following statements regarding National Pharmaceutical Pricing Authority (NPPA).

1. It is under Ministry of Chemical and Fertilizers.

2. It is entrusted with the task of recovering amounts overcharged by manufacturers for the controlled drugs from the consumers.

Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Statement 1 is correct- It is under Department of Pharmaceuticals of Ministry of Chemical and Fertilizers

Statement 2 is correct -NPPA is an organization of the Government of India which was established, inter alia, to fix/ revise the prices of controlled bulk drugs and formulations and to enforce prices and availability of the medicines in the country, under the Drugs (Prices Control) Order, 1995.

• The organization is also entrusted with the task of recovering amounts overcharged by manufacturers for the controlled drugs from the consumers.

• It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels.