Society
The Hindu — Sci-Tech · 28 OctConsider the following pairs regarding the drug price regulation framework in India under the Drugs (Prices Control) Order (DPCO) and the National Pharmaceutical Pricing Authority (NPPA):
Pairs
- Scheduled formulations — Subject to ceiling prices fixed by NPPA; trade margin capped at 16% over the manufacturer's price
- Non-scheduled formulations — Prices not directly fixed by NPPA; subject to Trade Margin Rationalisation (TMR) when NPPA intervenes in public interest
- Trade Margin Rationalisation (TMR) — A mechanism that fixes the Maximum Retail Price by directly controlling the manufacturer's ex-factory cost rather than the trade margin in the supply chain
Which of the pairs given above is/are correctly matched?