 "NPPA’s drug overcharging penalty at a record high")
The National Pharmaceutical Pricing Authority (NPPA) recovered Rs 294.84 crore in the current financial year as penalty from companies that have overcharged, Minister of State Mansukh Lal Mandaviya said in the Rajya Sabha on Friday.
The amount deposited was the highest since 2013-14. NPPA found 120 cases of charging more than the price it had fixed.
In 2015-16, it found 263 cases of overcharging, against which it got Rs 12.36 crore, 129 in 2014-15 against which it got Rs 90.17 crore and 90 in 2013-14 against which it got Rs 40.08 crore.
The regulator has registered 1,493 cases of overcharging since
