NEW DELHI: After widespread protests across the nation, the cost of life-saving medications has decreased, which is a huge relief for people. The central government has made a big effort to lower the costs of 651 medications, offering some relief to the average person who has been struggling under the weight of excessive medical expenses.
The government has reportedly decided to lower the cost of these medicines by 6.73 percent, according to the most recent reports. This decision is expected to help millions of people who depend on these medications to treat their illnesses. Drugs used to treat cancer, diabetes, heart conditions, and other serious ailments have all seen their prices reduced.
The choice was made as a result of numerous groups and individuals speaking out against the sky-high costs of necessary medications, which have rendered healthcare unaffordable for many. The government's action is being praised as a big step towards ensuring that everyone can get quality healthcare at an affordable price.
It is important to remember that the government previously established a committee to examine the costs of necessary medications and suggest ways to control their costs. The committee's suggestions led to the most recent decision to lower the pricing of 651 essential drugs.
Overall, the lower drug costs is a fine development that will lessen the financial strain on patients and their families. It is a positive step towards making healthcare more accessible and affordable for everyone.
Prior to now, a sharp increase in the Wholesale Price Index was expected to result in price increases for 384 critical medications, including antibiotics, painkillers, anti-infection medications, heart pharmaceuticals, and more than 1,000 formulations (WPI).
According to a senior member of the health ministry, the increase was made to ensure that there wouldn't be a shortage of medications on the market.
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