Govt raising medicine prices by 11% wake up ppl

I am just so surprised by the 3rd class opposition parties we have in this country. Yes u heard right 3rd class.they never raise issue of us common people.

In a time like this India's drug pricing authority on Friday allowed a price hike of 10.76607% for scheduled drugs-which are under price control (attached). This is the highest price hike seen ever and at a time when most of us common citizens are seeing high petrol diesel, high inflation and therefore essentials price is higher esp fruit veggies cooking oil, senior citizen concession in train is gone and EPF interest rate reduced.

I beg LocalCircles manager and all members of the circles to raise this issue and somehow get govt of India to not increase medicine prices or find an alternate so it doesnt hit the consumers.

Those who dont care about issues just leave Localcircles and live in peace for those of us here must fight this battle. more  

via_LocalCircles_210DC698-562A-4707-8907-03D47A651D36___20220326114521___.jpeg
View all 20 comments Below 20 comments
In the present circumstances, Govt has Totally Failed in Controlling the Inflation. Every day things are becoming Costlier and there is no end to it. more  
The pricing mechanism needs a thorough over-haul. A system controlled by babus with no relevance to the cost of production or the importance of certain medicines cannot form an arbitrary pricing mechanism. There has to be a rationale on import duties, local taxes, distributor margins and discounts. Then, medicines that need to be subsisidised have to be determined in a dynamic manner. Every drug or medicine should be priced in amanner that it helps teh people for whom its intended. Government and corporates profiteering on medicines is sin. more  
Please understand the realities and let us not give in to kneejerk reactions. This is a consequence of Global Supply Chain disruption. The APIs for a large majority of the drugs are held by China. UPA government killed off the Indian API research and manufacture and transferred the entire dependency onto the Chinese Supply chain. As is a well known fact there are no private enterprises in China. All of them have major #CCP stake and now the #CCP has raised the cost of API to support their crumbling economy. The Real estate bubble there has burst and this has had a cascade impact on the rest of the economy. China is an export based economy and is now fleecing anyone depending on their exports. We are not the only country to be affected. The GOI has restarted encouraging Indian R&D labs for generic APIs and alternative molecules. This will take some time to mature. As someone said, 70 years of damage cannot be repaired in 7 years. This is a phase we all have to live through. Things will change for the better once India becomes more self-reliant. Thank you more  
Let's sign a petition urging the government not to raise the price of medicines as we senior citizens will suffer the most. Does the present central government want to kill all senior citizens. more  
How Govt. can stop price increase when 70% API are imported from China who have created monopoly in this field. Had UPA Govt. not opposed, this industry would have come to India. China was second option. more  
Sir, I am surprised that you have given more  
Interestingly, all those parties who are again on the move to join hands to bring down BJP in 2024 General Elections are heavily corrupt, made billions & billions for theimselves and their families as also the parties they own are solely their family properties leaving no scope for any other party workers. We must be very carefull of these fraudsters who want to rule (to loot?) the country jointly (more than 20 regional parties). more  
Post a Comment

Related Posts

    • Abolish Taxes because you aren’t delivering services to people

      If India abolishes taxes: (1) People would get money in hand to buy critical things like Air Purifiers (2) More foreign businesses would come. And, make India their base (this wil...

      By Ruchika L Maheshwari
      /
    • VIP culture rampant in India

      So glad that the LC manager has finally released the VIP culture survey. Saw in NBT yesterday and today in english media.

      By Amit Mishra
      /
    • Compromising Information of Children

      After Aadhaar, now it is ANOTHER 12-digit unique ID for school kids called APAAR ID which the Education Ministry has launched! Parents are being asked to give “consent” so that their ch...

      By Ruchika L Maheshwari
      /
    • We Indians are losing out

      The Indian rupee has lost approximately 42% of its value since 2014. In ten years, the value of your ₹100 has become roughly ₹58. ⚠️ - Are you analysing what's going on with your sa...

      By Mukul Puri
      /
    • Inflation impact and Government inaction

      Economy is struggling … Inflation at 14 month high … Govt doesn’t care about - reducing the fuel prices although crude is at 52W low - Onion pri...

      By SN Mittal
      /
    • INR to USD at 105 within 5 yeara

      INR continues to fall because: there is less demand of INR in the international market (in context of USD/AED). you need to know this fact:- Every time INR depreciates by 4%...

      By Ruchika L Maheshwari
      /
    • Indians are becoming poorer

      Exchange Rate of INR(₹) Against USD($) • November 2004 - ₹45.03 • November 2014 - ₹61.01 • November 2024 - ₹84.07 Value of ₹1 Crore is Not The Same An...

      By Sanjit Jha
      /
    • China vs India

      Some weeks back this circle was discussing China And doing polls on much Chinese Indians were buying China will eat India's manufacturing business in a blip and we won't be able to do a ...

      By Aseem Das
      /
    • Black Money and Real Estate

      What an eye opening survey by LocalCircles on black money in real estate. https://www.l...

      By Mala Sehgal
      /
    • Developing Tourism

      Foreign Tourists in 10 Months of 2024. Thailand: 29.08 Million Vietnam: 14.1 Million India: 4.7 Million (till July) This is one of the major sector for employment a...

      By Shikha Jain
      /
    • By Ruchika L Maheshwari
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)