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Centre caps prices of oxygen concentrators ANI | Updated: Jun 04, 2021 14:07 IST New Delhi [India], June 4 (ANI): The National Pharmaceutical Pricing Authority (NPPA) has capped the trade margin for oxygen concentrators at 70 per cent, the Ministry of Chemicals and Fertilizers said on Friday. "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 said that the trade margin rationalisation a...

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. 

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...