The National Pharmaceuticals Pricing Authority (NPPA) celebrated its foundation day on August 29, 2020.
- NPPA was set-up as an independent Regulator on 29th August, 1997 for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
- The regulator, an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers was created vide Government of India Resolution published in the Gazette of India number 159 dated 29th August, 1997.
- The functions of NPPA include fixation and revision of prices of Scheduled drugs under Drug (Price Control) Orders issued from time to time, as well as monitoring and enforcement of prices and ensuring availability and accessibility of all medicines and medical devices, including non scheduled drugs.
- NPPA through its recent efforts has set-up Price Monitoring and Research Units (PMRUs) for strengthening monitoring and public awareness in 13 States/UTs.
Source: PIB
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