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Parliamentary panel slams delay in pharma policy

The Parliamentary Standing Committee on Chemical and Fertiliser has slammed the Department of Chemicals and Petrochemicals over the delay in finalising National Pharmaceutical Policy (NPP) 2006. The policy, aimed at making drugs cheaper, has been delayed due to strong opposition from the industry. While the policy will bring more number of drugs under price control, the industry wants the Government to encourage free market pricing. The policy was referred to a Group of Ministers which is yet to take a decision.