NPPA is an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers. It acts as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
India's GDP growth is projected to spike to a four-quarter high of 13 per cent in Q1 (April-June) FY23 due to a low base of Covid 2.0 and robust recovery in contact-intensive services, according to ICRA.