• About
  • Submit Article/PR
  • Contact
Friday, March 24, 2023
No Result
View All Result
  • Login
The Healthcare Daily
WHO COVID DASHBOARD
  • Home
  • News
    • All
    • Biotech
    • By Speciality
    • Generic Drugs
    • Insurance
    • Investment
    • Medical Tourism
    • Pharma
    What-Chronic-Disease-Management-Is-All-About-How-to-Deal-with-It-Healthcare-Daily

    What Chronic Disease Management Is All About & How to Deal with It

    cancer-cure-TheHealthcareDaily

    Cancer Cure: Is there a cure for it?

    Womens-Reproductive-Rights-Around-the-world-Healthcare-Daily

    Women’s Reproductive Rights Around the World : Rights 101

    Everything-about-Telehealth-reimbursement-and-insurance-coverage-Healthcare-Daily

    Absolutely Everything about Telehealth Reimbursement and Coverage : Healthcare 101

    Everything-about-Personalized-Medicine-in-2023-Healthcare-Daily

    Everything about Personalized Medicine in 2023

    Healthcare cost containment and insurance reform

    Healthcare cost containment and insurance reform

    Understanding Chronic Diseases: Symptoms, Causes, and Treatment Options

    The Most Common Dental Mistakes in Healthcare Industry

    The 6 Most Common Dental Mistakes in Healthcare Industry

    How To Get a Dental Checkup for Free (or Cheap)

    How To Get a Dental Checkup for Free (or Cheap)

  • Insights
    • All
    • Analysis
    • Interview
    • Opinion
    • Reports
    Workforce-Diversity-and-its-5-Benefits-in-healthcare-Daily

    Workforce Diversity and it’s 5 Benefits in healthcare

    Healthcare-Affordability-in-United-States-Healthcare-101-Daily

    Healthcare Affordability in United States : Healthcare 101

    The-Benefits-and-Challenges-of-Data-and-Analytics-in-Healthcare-Daily

    The Benefits and Challenges of Data and Analytics in Healthcare

    Healthcare-Industry-At-A-Glance-Healthcare-DAily

    Healthcare Industry At A Glance

    7-Reasons-Millennials-Are-The-Most-Disruptive-Generation-Yet-Healthcare-Daily

    7 Reasons Millennials Are The Most Disruptive Generation Yet

    Technological-challenges-faced-by-pharma-companies-today-Healthcare-Daily

    Technological challenges faced by Pharma Companies Today

    Senior living options in Canada

    Senior living options in Canada in 2022

    A Guide to Medical Tourism in India: Everything You Need to Know

    A Guide to Medical Tourism in India: Everything You Need to Know

    5 Things to know before adopting a child

    Adoption: 5 Things to know before going for a successful child adoption

  • HealthTech
    • All
    • Hardware
    • Innovation
    • Software
    Overview-of-healthcare-hackathons-and-competitions-focused-on-healthcare-innovation-thehealthcaredaily

    Overview of healthcare hackathons and competitions focused on healthcare innovation

    Everything-about-Telehealth-reimbursement-and-insurance-coverage-Healthcare-Daily

    Absolutely Everything about Telehealth Reimbursement and Coverage : Healthcare 101

    Everything-about-Personalized-Medicine-in-2023-Healthcare-Daily

    Everything about Personalized Medicine in 2023

    5-Amazing-Advancements-in-Medical-Technology-2023-Healthcare-Daily

    5 Amazing Advancements in Medical Technology 2023

    Pros-and-Cons-of-Telemedicine-Healthcare-Daily

    Pros and Cons of Telemedicine in Healthcare 2023

    The-Benefits-and-Challenges-of-Data-and-Analytics-in-Healthcare-Daily

    The Benefits and Challenges of Data and Analytics in Healthcare

    Healthcare workforce and talent management

    Healthcare workforce and talent management

    Healthcare cost containment and insurance reform

    Healthcare cost containment and insurance reform

    Telehealth and digital health solutions

    Telehealth and digital health solutions

  • Pharma
  • Events
  • NewsMakers
  • World
  • Home
  • News
    • All
    • Biotech
    • By Speciality
    • Generic Drugs
    • Insurance
    • Investment
    • Medical Tourism
    • Pharma
    What-Chronic-Disease-Management-Is-All-About-How-to-Deal-with-It-Healthcare-Daily

    What Chronic Disease Management Is All About & How to Deal with It

    cancer-cure-TheHealthcareDaily

    Cancer Cure: Is there a cure for it?

    Womens-Reproductive-Rights-Around-the-world-Healthcare-Daily

    Women’s Reproductive Rights Around the World : Rights 101

    Everything-about-Telehealth-reimbursement-and-insurance-coverage-Healthcare-Daily

    Absolutely Everything about Telehealth Reimbursement and Coverage : Healthcare 101

    Everything-about-Personalized-Medicine-in-2023-Healthcare-Daily

    Everything about Personalized Medicine in 2023

    Healthcare cost containment and insurance reform

    Healthcare cost containment and insurance reform

    Understanding Chronic Diseases: Symptoms, Causes, and Treatment Options

    The Most Common Dental Mistakes in Healthcare Industry

    The 6 Most Common Dental Mistakes in Healthcare Industry

    How To Get a Dental Checkup for Free (or Cheap)

    How To Get a Dental Checkup for Free (or Cheap)

  • Insights
    • All
    • Analysis
    • Interview
    • Opinion
    • Reports
    Workforce-Diversity-and-its-5-Benefits-in-healthcare-Daily

    Workforce Diversity and it’s 5 Benefits in healthcare

    Healthcare-Affordability-in-United-States-Healthcare-101-Daily

    Healthcare Affordability in United States : Healthcare 101

    The-Benefits-and-Challenges-of-Data-and-Analytics-in-Healthcare-Daily

    The Benefits and Challenges of Data and Analytics in Healthcare

    Healthcare-Industry-At-A-Glance-Healthcare-DAily

    Healthcare Industry At A Glance

    7-Reasons-Millennials-Are-The-Most-Disruptive-Generation-Yet-Healthcare-Daily

    7 Reasons Millennials Are The Most Disruptive Generation Yet

    Technological-challenges-faced-by-pharma-companies-today-Healthcare-Daily

    Technological challenges faced by Pharma Companies Today

    Senior living options in Canada

    Senior living options in Canada in 2022

    A Guide to Medical Tourism in India: Everything You Need to Know

    A Guide to Medical Tourism in India: Everything You Need to Know

    5 Things to know before adopting a child

    Adoption: 5 Things to know before going for a successful child adoption

  • HealthTech
    • All
    • Hardware
    • Innovation
    • Software
    Overview-of-healthcare-hackathons-and-competitions-focused-on-healthcare-innovation-thehealthcaredaily

    Overview of healthcare hackathons and competitions focused on healthcare innovation

    Everything-about-Telehealth-reimbursement-and-insurance-coverage-Healthcare-Daily

    Absolutely Everything about Telehealth Reimbursement and Coverage : Healthcare 101

    Everything-about-Personalized-Medicine-in-2023-Healthcare-Daily

    Everything about Personalized Medicine in 2023

    5-Amazing-Advancements-in-Medical-Technology-2023-Healthcare-Daily

    5 Amazing Advancements in Medical Technology 2023

    Pros-and-Cons-of-Telemedicine-Healthcare-Daily

    Pros and Cons of Telemedicine in Healthcare 2023

    The-Benefits-and-Challenges-of-Data-and-Analytics-in-Healthcare-Daily

    The Benefits and Challenges of Data and Analytics in Healthcare

    Healthcare workforce and talent management

    Healthcare workforce and talent management

    Healthcare cost containment and insurance reform

    Healthcare cost containment and insurance reform

    Telehealth and digital health solutions

    Telehealth and digital health solutions

  • Pharma
  • Events
  • NewsMakers
  • World
No Result
View All Result
The Healthcare Daily
No Result
View All Result

NPPA Imposes Price-cap On Liquid Medical Oxygen, Oxygen Cylinders

National Pharmaceutical Pricing Authority fixes a price-ceiling on oxygen rates.

by Deepshi Chowdhury
September 28, 2020
in Covid-19, Drug, Health, Pharma
Reading Time: 2 mins read
0
NPPA-price-caap-on-medical-oxygen
0
SHARES
Share on FacebookShare on Twitter

THD NewsDesk, NEW DELHI: Considering the grave moment of a health crisis, the Government has agreed on applying a price-cap to curb the inflating prices of medical oxygen on September 26. 

Since most coronavirus patients with serious illness are found suffering from respiratory diseases, a heavily backed up supply of medical oxygen is essential for Covid-19 patients. Therefore, the NPPA determined a price-cap on medical oxygen cylinders and liquid medical oxygen (LMO) for six months. 

The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory body responsible for determining the prices of pharmaceutical drugs in India. 

Given the increase in demand for medical oxygen during the Covid-19 pandemic, stress was laid on the restriction of medical oxygen prices to ensure its ready availability in hospitals. The Government’s Empowered Group 2 directed the NPPA to fix the maximum price of liquid medical oxygen to guarantee its supply to fillers at inexpensive rates. 

Apart from Empowered Group 2, the Ministry of Health & Family Welfare also ordered NPPA to adopt stringent methods to constrain medical oxygen suppliers from charging heftily. Following the NPPA meeting held on September 25, it deemed the invocation of its extraordinary powers, listed under the Disaster Management Act, 2005, in the public interest.

The NPPA stated its decision “to cap the ex-factory price of LMO at manufacturers end at Rs 15.22/cubic metre (CUM) exclusive of GST. And to further cap the ex-factory cost of medical oxygen cylinder at filler end at Rs 25.71/CUM exclusive of GST in the suppression of the existing ceiling price of Rs 17.49/CUM, subject to transportation cost fixation at the state level, for six months,”.

The statement elucidated that the price-cap only pertains to the domestic production and supply of LMO and not the rate contracts of oxygen purchase by the state governments.

The Union Minister for Chemicals and Fertilizers, Sadananda Gowda said in a tweet, “Government is committed to ensuring the availability of oxygen during COVID-19. @nppa_india price cap will address challenges of transporting oxygen to distant and interior districts.”

 

SOURCE: Bloomberg Quint 
Deepshi Chowdhury

Deepshi Chowdhury

Deepshi is a History majors student at LSR. She harbors a penchant for expressing her opinions on socio-political issues and strives to grow as a learner, writer and an artist.

Next Post
Adar-poonawalla-questions-the-govt-about-the-money-for-the-vaccine

Can the government afford COVID-19 vaccines worth Rs 80,000 crore?

Recommended

The Dangers of Alcohol and Drug Addiction

The Dangers of Alcohol and Drug Addiction: How to Help a Loved One in the Fight

5 months ago
WHO-COVAX-amenity-COVID-19-vaccine-distribution

U.S. Panel compels the Govt to opt into WHO-led Covid-19 vaccine amenity

2 years ago

About Us

A daily dose of news, views, opinions, and actionable information from the global healthcare industry. Our newsletter is available for a limited audience. If you are interested to write or contribute to this portal then please get in touch.

Contact Us

Medianiti Ltd, Brooklands Business Park, Wellington Way, Weybridge KT13 0TT,
United Kingdom
General: hello@thehealthcaredaily.com

Important Links

  • Home
  • World
  • Business
  • Health

Recent News

Overview of healthcare hackathons and competitions focused on healthcare innovation

Exclusive interviews with healthcare thought leaders and executives

  • About
  • Submit Article/PR
  • Contact

© 2020 THP - A Medianiti Venture.

No Result
View All Result
  • Home
  • World
  • Business
  • Health

© 2020 THP - A Medianiti Venture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In