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The Federal Breather for patients: Pharma regulator caps trade margin on oxygen concentrators Limits margin at 70% in bid to curb hoarding and over-pricing of the critical equipment following numerous complaints in recent weeks, particularly in Delhi COMMENTS At the peak of the COVID second wave, oxygen concentrators were being sold in the black market at five times their import prices. To prevent hoarding and black marketing of oxygen concentrators, the Centre has decided to cap the trade margin on this key equipment that is used for the treatment of critically-ill COVID pati...

As per information collected by the government, margin on the oxygen concentrators at the distributor level currently ranges up to 198 per cent.

In view of the extraordinary circumstances arising due to the COVID pandemic that has resulted in recent volatility in maximum retail prices (MRP) of oxygen concentrators, the Government has decided to step in to regulate the price of oxygen concentrators. 

In an official release, the Chemicals and Fertilisers Ministry said the decision has been taken in view of the extraordinary circumstances arising due to the pandemic which has resulted in volatility in Maximum Retail Prices (MRP) of oxygen concentrators.

Centre caps trade margin on oxygen concentrators 70% to curb black-marketing, high prices NPPA has instructed manufacturers to report revised MRP in 3 days, and revised rates will be made public in a week. Every retailer, dealer, hospital and institution will display a price list as furnished by manufacturer in a manner so it's easily accessible to any person wishing to consult it BusinessToday.In | June 4, 2021 | Updated 20:45 IST SDCs will monitor compliance to ensure no manufacturer, distributor, retailer sells oxygen concentrators at a price exceeding revised MRP The government has cappe...