The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India
It was formed on 29 August 1997
The NPPA regularly publishes lists of medicines and their maximum ceiling prices
The latest drug price control order (DPCO) was released in 2013 which has a list of 384 drugs
Functions of NPPA are:
To implement and enforce the provisions of the Drugs (Prices Control) Order in accordance with the powers delegated to it
To deal with all legal matters arising out of the decisions of the Authority
To monitor the availability of drugs, identify shortages, if any, and to take remedial steps
To collect/ maintain data on production, exports and imports, market share of individual companies, profitability of companies etc, for bulk drugs and formulations
