ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Anurag BhargavaSubscribe to Anurag Bhargava

Medicines: Why Is Paswan's Price Reduction a Let-down?

In the first week of November 2006, union minister of chemicals and fertilisers, Ram Vilas Paswan came out with a list of 886 drugs whose prices were reduced, presumably at his behest. What does this reduction indicate? Actually, for no disease and for no company have the top selling brands seen any reduction in the price. The reduction by a few companies of a few medicines, none of which are the brands most sold by these companies, or are the most prescribed, will not improve access to affordable drugs for the consumers.
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