India has a booming drug industry and has contributed to making generics at low prices worldwide. But medicines within India are overpriced and unaffordable. Price regulation of medicines is a key public policy measure for health of India’s teeming masses. Only the Government of India can do it --- like it has done for cell phone rates, insurance premia, electricity tariff, bank interest rates, etc.
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Paper provided by esocialsciences.com in its series Working Papers with number
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