Trade Margin Rationalisation (TMR) of 5 Medical Devices

DATE: 13th July, 2021

(Published in Part II, Section 3, Sub Section (ii) of the Gazette of India Extraordinary)
Government of India
Ministry of Chemicals and Fertilizers
Department of Pharmaceuticals
National Pharmaceuticals Pricing Authority
New Delhi, 13th July 2021

ORDER

S.O. _____ Whereas, the National Pharmaceutical Pricing Authority (NPPA) was established vide Resolution No. 33/7/97-PI.I dated 29th August 1997 of the Government of India in the Ministry of Chemicals and Fertilizers to regulate and monitor prices of drugs/formulations and oversee the implementation of the Drugs (Prices Control) Order (DPCO); and whereas the Government of India by S.O. 1394(E) dated 30th May 2013 and S.O. 1249(E) dated 6th April 2020 in exercise of the powers conferred by Section 3 and 5 of the Essential Commodities Act, 1955 (10 of 1955) has delegated the powers in respect of various paragraphs including paragraph 19 of the DPCO, 2013 to the NPPA to exercise the functions of the Central Government;