Trade margin for oxygen concentrators - Latest News Update, Information, Photos & Videos on Trade margin for oxygen concentrators at Lokmat Times

The Trade Margin for Oxygen Concentrators has been capped at 70 per cent on the Price to Distributer (PTC) level by the National Pharmaceutical Pricing Authority (NPPA).As per a statement from the Ministry of Chemicals and Fertilizers, the NPPA had issued a notification on June 3 regarding the same, following which 104 manufacturers and importers of Oxygen Concentrators submitted revised MRP for 252 products/brands."Downward revision in price up to 54 per cent has been reported in 70 products/brands, showing reduction in MRP up to Rs 54,337 per unit," the statement said, adding that 58 brands have reported price reduction up to 25 per cent and 11 brands between 26-50 per cent.Out of 252 products/brands reported, 18 products/brands reported by the domestic manufacturers did not show any decline in prices. Thus, Trade Margin Rationalisation (TMR) for Oxygen Concentrators has resulted in ensuring consumer savings by eliminating unreasonable profit margins in imported products.The revised MRP effective from June 9, on all the brands and specifications have been shared with the State Drug Controllers for strict monitoring and enforcement.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Trade Margin For Oxygen ConcentratorsFOLLOW

Trade margin for oxygen concentrators, Latest News

National :Trade Margin for Oxygen Concentrators capped at 70 per cent

The Trade Margin for Oxygen Concentrators has been capped at 70 per cent on the Price to Distributer (PTC) level by the National Pharmaceutical Pricing Authority (NPPA). ...