Question
I have some official work in National Pharmaceutical Pricing Authority and searching for some details about this authority. Will you please provide me details of functions of National Pharmaceutical Pricing Authority also provide address to visit and their contact details?
Answer:
The National Pharmaceutical Pricing Authority is a government regulatory agency that controls the prices of pharmaceutical drugs in India. It was formed on 29 August 1997.
Functions
To implement and enforce the provisions of the Drugs (Prices Control) Order in accordance with the powers delegated to it.
To deal with all legal matters arising out of the decisions of the Authority.
To monitor the availability of drugs, identify shortages, if any, and to take remedial steps.
To collect/ maintain data on production, exports and imports, market share of individual companies, profitability of companies etc, for bulk drugs and formulations.
To undertake and/ or sponsor relevant studies in respect of pricing of drugs/ pharmaceuticals.
To recruit/ appoint the officers and other staff members of the Authority, as per rules and procedures laid down by the Government.
To render advice to the Central Government on changes/ revisions in the drug policy.[8]
To render assistance to the Central Government in the parliamentary matters relating to the drug pricing.
Functions of National Pharmaceutical Pricing Authority
To implement and enforce the provisions of the Drugs (Prices Control) Order in accordance with the powers delegated to it.
to deal with all legal matters arising out of the decisions of the Authority;
to monitor the availability of drugs, identify shortages, if any, and to take remedial steps;
to collect/ maintain data on production, exports and imports, market share of individual companies, profitability of companies etc, for bulk drugs and formulations;
to undertake and/ or sponsor relevant studies in respect of pricing of drugs/ pharmaceuticals;
to recruit/ appoint the officers and other staff members of the Authority, as per rules and procedures laid down by the Government;
to render advice to the Central Government on changes/ revisions in the drug policy;
to render assistance to the Central Government in the parliamentary matters relating to the drug pricing.
Contact:
Address:
3rd/5th Floor, YMCA Cultural Center Building
1, Jai Singh Road, New Delhi, India – 110001
EPABX Nos: 91-11-23345118, 23747741, 23747748
Fax No: 23746652