25 May 2020: PIB Summary & Analysis

May 25th, 2020 PIB:- Download PDF Here

National Pharmaceutical Pricing Authority (NPPA)

Context:

Prices of N-95 Masks are being reduced by the Importers/Manufacturers/Suppliers of N-95 Masks after an Advisory issued by NPPA.

Details:

• The Government has notified N-95 Masks as an essential commodity under the Essential Commodities Act, 1955.
• Hoarding and black-marketing of the essential commodity is a punishable offence under the Act.
• To keep a check on the hoarding and black-marketing of the essential commodity, the NPPA, in exercise of the powers conferred under National Disaster Management Act, 2005, had directed all States/UT Governments to ensure sufficient availability of surgical and protective Masks, Hand Sanitizers and Gloves at prices not exceeding the Maximum Retail Price printed on the pack size.

To know more about the National Pharmaceutical Pricing Authority (NPPA), please check PIB dated 17^th March, 2020.

May 25th, 2020 PIB:- Download PDF Here

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