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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