After the hike in the prices of petrol and diesel, now life-saving drugs will see a surge in prices from April 1. On March 25, the National Pharmaceutical Pricing Authority of India announced that the wholesale price index will see a change of 10.7 percent for the calendar year 2021 which meant a price hike in medicines beginning April 1, 2022.
The National Pharmaceutical Pricing Authority (NPPA), the country's drug pricing authority Friday stated in an order, "Based on the WPI data provided by the office of the Economic Advisor, Ministry of Commerce and Industry, the annual change in WPI works out as 10.76607% during the calendar year 2021 over the corresponding period in 2020."