Prices of BP, Sugar Medicine Increases in This State, Check New Prices Here

The cost of medicine has increased dramatically in India as a result of the rupee's continuous decline against the dollar and the decline in domestic stocks. According to a report by Live Hindustan, the cost of prescription drugs has jumped by 30% in Uttarakhand.

The journal reported that the majority of the new batches of medications that are sold at drug stores in the hilly state have high costs.

The price of medical raw materials on the global market is rising, according to Pramod Kalani, head of the Drug Manufacturing Association. According to him, the price of raw materials is rising as a result of the dollar's appreciation versus the rupee.

The price of paracetamol's raw material, which was previously 5,000 per kg, has increased to 9,000 per kg. As a result, businesses were forced to raise the cost of several medications.

The price of medications has jumped by 10 to 30 percent in the past month, according to Manish Nanda, head of the Wholesale Chemist Association.

Increase in Drug Prices:

Tajbar Jaggi, the state's drug controller, acknowledged that the rise in crude oil prices is forcing pharmaceutical companies to raise the cost of their products. However, he asserted that price increases are not permitted for the scheduled medications that are subject to price controls.