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Centre caps prices of oxygen concentrators

“NPPA has capped the trade Margin up to 70 per cent on price to distributor (PTD) level on oxygen concentrators,” the ministry said.

The order will be applicable up to November 30 this year, subject to review.The ministry further said that the manufacturers/importers not complying with the revised MRP after trade margin capping, will be liable to deposit the overcharged amount along with 15 per cent interest and penalty up to 100 per cent under the provisions of the Drugs (Prices Control) Order, 2013 read with Essential Commodities Act, 1955.

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