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Price control to be extended to more drugs: Paswan
Mumbai:
Union Minister for Chemicals and Fertilisers Ram Vilas Paswan said his ministry would continue efforts to bring all essential drugs under price control irrespective of the fate of the proposed Pharma Policy, now under the consideration of a group of ministers (GoM) appointed by the Prime Minister's Office (PMO).

He said his ministry will fight for price control on all essential drugs and added that manufacturers had given the ministry an assurance to reduce prices of essential drugs, but only some companies had responded to this.

In addition to the existing 74 drugs and their formulations, 354 drugs in the National List of Essential Medicines, 2003, have been included in the draft pharmaceutical policy for price control.
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Deora to visit Pak on IPI pipeline transit fee issue
Islamabad:
The Petroleum Minister, Murli Deora is visiting Pakistan early next month to sort out differences over transit fee for the $7 billion Iran-Pakistan-India (IPI) gas pipeline.

The two sides would discuss the pricing issue at the ministerial-level meeting early next month was quoted as saying.

According to officials, Iran wants to sell natural gas to India and Pakistan at $4.93 per million British thermal unit (at $60 per barrel crude oil price). On top of this, Pakistan wants a transit fee of $0.49 per mBtu (10 per cent of the gas price) and a transportation tariff of $1.57 per mBtu, making the delivered price of gas at India-Pak border $7 per mBtu.
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domain-B : Indian business : News Review : 17 April 2007 : general