The National Pharmaceutical Pricing Policy 2012 

 In India, since 1962 there have been a series of drug policies for the effective controlling of the over prices of essential drugs. The present Drug Policy of 1994 was implemented through the Drug (Price Control) Order, 1995 - where a list of 74 bulk drugs was identified and these drugs as well as the formulations based on these drugs (currently about 1577 drugs) were brought under the price control regime.

The present National Pharmaceuticals Pricing Policy, 2012 (NPPP-2012) will replace the Drug Policy of 1994 and it is in continuation of the 1994 Drug Policy.

The NPPP, 2012 mainly touches on to the regulatory framework for pricing of drugs in order to ensure the reasonable prices for the essential medicines. It has mainly three criteria i.e., the essentiality of the Drugs; the control of Formulations prices only & Market Based Pricing.

The National Pharmaceuticals Pricing Authority will be the implementation authority for the new Policy and new Drugs (Prices Control) Order.

Further information on the NPPP-2012 can be found here