Tukaram Mundhe Demands Transparency After Survey Flags 2,800% Pharma Trade Margin
· Business · NDTV, Hindustan Times
Following a survey revealing a 2,800 percent trade margin in the pharmaceutical industry, Tukaram Mundhe has called for greater transparency across the sector. He acknowledged that commercial industries operate to avoid losses, but stated that such excessive markups are unacceptable to consumers. The findings have reignited discussions regarding pricing controls and profit caps on essential medicines in India. Specific details regarding which pharmaceutical products were evaluated in the survey were not immediately disclosed. Further statements from industry bodies regarding the proposed transparency measures are awaited.
Why it matters
Patients and consumers across India face inflated out-of-pocket medical expenses due to excessive trade margins on pharmaceutical products.
Read the original report — NDTV
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