Why the increase in medicine prices?

In today’s times, there is no one who is not worried about rising inflation.By the way, inflation is an international problem. In all the countries of the world, the necessities of life are increasing day by day. To a large extent, this is a natural process, because the population of the world and especially Pakistan is increasing with the speed with which the goods are increasing. The production of food and other necessities of life is not increasing accordingly. If the resources are not available, the country cannot be managed in an orderly manner. This is also the case.By the way, there is already a storm of inflation in the country which is not stopping in any way, which has seriously affected the poor class and has also raised the cries of the white-clad middle class. while the supervisory governments seem to be spending time on ding-tapao policies showing indifference to the ground situation, they are not interested in this smart inflation, nor are they concerned with the problems faced by the citizens, while the administrative parts control inflation at the level of the markets. Instead of controlling, it is determined to take action against the retailers, but the caretaker government did not get any relief before and will not get any relief now. If we consider and look at the performance of the caretaker government, we will know that the caretaker government, as soon as it was established, had made lofty claims that it would take practical measures to make the economy more prosperous, economic stability and control of demand. They will give relief to the people. But the caretaker government has done it as soon as it goes and has given the people the inflationary shocks that the people could have expected. If the rest of the inflation is left in its place and only the recent increase in the prices of medicines is discussed, this move of the caretaker government is cruel to the people and especially the poor people. By increasing the prices of drugs, it was impossible for the people to live and now they gave a new opportunity to the people to increase the prices of medicines. You can do it yourself. DRAP had sent a summary of price hikes to the government for 262 drugs and the government has approved the hike in the prices of 146 life-saving drugs. Includes vaccines and antibiotics. After this decision of the federal cabinet, the prices of medicines in the market are likely to increase every week after ten days. After the approval of the cabinet, the Ministry of Health has issued a notification for the deregulation of medicines.The cabinet has given the power to fix the prices of drugs to the pharmaceutical companies from Drape, the caretaker cabinet does not have this power. They took the position that the pharmaceutical companies will burden the public by selling drugs at arbitrary rates. According to a government notification, the Drape Act, 1976 has been amended to remove the role of Drug Regulatory Authority Pakistan Drape and empower pharmaceutical companies to fix drug prices. This decision of the government will be applied to non-essential medicines i.e. daily medicines. Medicines in Pakistan are divided into essential and daily medicines. Now controlling the prices of daily use medicines i.e. fever, headache, blood pressure, antibiotics, anti-allergy and multivitamins will not be under the jurisdiction of the government, while the authority to increase the prices of life-killing medicines will be given to the cabinet. It will be possible only with approval. The public is expressing regret over the government’s decision as the daily increase in the prices of medicines has already troubled them, the latest move will increase the hardships of the patients. There are only 464 drugs in Drape’s list of essential drugs while there are more than 1300 drugs in the market. Thus, the power to increase their prices will go to the pharmaceutical companies. The government has already experimented with anti-nutrition drugs, whereby medicines that used to cost Rs 15 are now being sold at Rs 2,500 or more after deregulation. Pharmaceutical companies in Pakistan have been demanding for a long time to fix prices based on market demand, now they have been given an opportunity to play openly. Although they have taken notice, pharmaceutical companies are so strong. That they may cause more problems by creating a medicine crisis. This has happened on many occasions in the country, Peristamol, which used to cost 10 rupees, is now being sold for 35 rupees. The common man has already become a victim. In a recent survey, 44 percent of the Pakistani people have expressed concern about their financial situation, saying that they are financially weaker than ten years ago. Gone, drug price hikes will fuel the fire۔The government has increased the prices of 146 life-saving medicines.According to the notification, the prices of the drugs that have been increased include cancer, vaccines and antibiotic drugs. The Drug Regulatory Authority had sent a summary of the price hike of 262 drugs to the government. The government has listed 146 life-saving drugs. Increased prices of medicines.According to the authorities, the prices of 116 drugs included in the list will be increased by the pharmaceutical companies themselves.Officials further said that the government will now control the prices of only 464 medicines included in the National Essential Medicines List.