54 medicines will see only 1 Paisa hike, clarifies Health Ministry

Responding to several media reports about the price rise of essential medicines from April 1, 2024, the Ministry of Health and Family Welfare has come out with a statement calling many reports claiming medicine prices to witness a significant hike by up to 12% from April, 2024 as false, misleading and malicious.

The ministry has clarified that of the 923 formulations which fall under the ceiling price, 728 will see no change in prices while 54 will see a price rise of merely one paisa.

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