HomeNewsBusinessEconomyRSS outfit writes to PM Modi, accuses Niti Aayog, bureaucrats of meddling with drug pricing

RSS outfit writes to PM Modi, accuses Niti Aayog, bureaucrats of meddling with drug pricing

The letter accused bureaucrats of three ministries — Health and Family Welfare, Commerce and Industry and Chemicals and Fertilisers and Niti Aayog — colluding with pharmaceutical industry.

May 03, 2017 / 21:12 IST
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Viswanath Pilla Moneycontrol News

In a strongly-worded letter to Prime Minister Narendra Modi, RSS affiliate Swadeshi Jagran Manch (SJM) has alleged that several government departments including Niti Aayog are working towards systematically dismantling drug price control system to benefit pharmaceutical companies.

SJM said it is deeply concerned that prices of most essential medicines are too high for the majority of the people and contribute towards the impoverishment of millions each year. “Pharmaceutical companies marketing these medicines are making profits in the range of 500- 4000% and that too after imposing price controls,” SJM said in the letter.

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“This is because the current formula for arriving at a ceiling price is an irrational market based formula that legitimises profiteering and which is against the interest of the people,” it added.

The letter, reviewed by Moneycontrol, written by SJM's All India co-convenor Ashwani Mahajan accused bureaucrats of three ministries — Health and Family Welfare, Commerce and Industry and Chemicals and Fertilisers  and Niti Aayog — colluding with pharmaceutical industry.