18 C
Delhi
Tuesday, October 27, 2020

Centre puts price caps on medical oxygen after shortage reports

- Advertisement -

New Delhi, Sep 26 (IANS) In order to deal with shortage of medical oxygen and the resultant increase in prices in the country, the National Pharmaceuticals Pricing Authority (NPPA) has put a cap on the ex-factory price of liquid medical oxygen (LMO) and filled cylinders for six months.

It has also instructed the states to fix transport costs for the supply of medical oxygen to address COVID-19 exigencies.

The ex-factory price of LMO at the manufacturers’ end has been capped at Rs 15.22 per cubic metre, exclusive of GST, while the ex-factory cost of a medical oxygen cylinder has been capped at the fillers’ end at Rs 25.71 per cubic metre, exclusive of GST, as against the existing ceiling price of Rs 17.49 per cubic metre.

However, it is subject to the transportation cost fixation at the state level.

The move by the NPPA comes after a three-fold increase in the price of medical oxygen gas.

The authority said that the demand for medical oxygen had gone up almost four times, from 750MT/day to 2,800 MT/day. Besides, delivery through cylinders has increased from 11% pre-COVID to 50% of current oxygen supply, leading to an exponential rise in prices.

“This has caused a strain at all levels in the value chain of production and supply, especially for distant and interior districts based on terrain and distance.”

The manufacturers of medical oxygen and fillers had represented to the government for up to a threefold price increase in the ceiling price of gaseous medical oxygen.

“It is, therefore, imperative to cap the price of LMO to ensure uninterrupted availability of medical oxygen through cylinders to the hospitals and consumers,” the organisation said.

The NPPA said that use of oxygen for medical purposes from the overall production has also significantly increased. “Currently, during the COVID-19 pandemic, around 50% of the total liquid oxygen production is used for medical purposes in comparison with around 15% usage during the pre-COVID period. Liquid oxygen is being diverted from industrial use to medical use to cope with the additional demand. Many states/UTs are dependent on the medical oxygen supply from other states/UTs. To meet the enhanced requirement, medical oxygen is being supplied to remote areas of the country after incurring additional cost on transportation,” it added.

Source: IANS

India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Follow Us On

Related News

Pompeo arrives in Delhi, follows up on Quad with Jaishankar

New Delhi, Oct 26 (IANS): US Secretary of State Mike Pompeo, who arrived in the national capital on Monday for the third India-US 2+2 ministerial...

Hero Cycles seeks policy support to spur rural demand

New Delhi, Oct 27 (IANS): Hero Cycles has urged the government to provide policy support, including easy loans and subsidies, to support demand in...

Facebook Gaming arrives on Android with new games, ditches Apple

San Francisco, Oct 27 (IANS) Facebook on Monday made its Cloud gaming service official, with launching several new games in the main app and...

Only 7% plan on going out to movie theatres in the next 60 days

New Delhi, Oct 27 (IANS) Even though movie theatres are now open, only 7 per cent people are willing to go to watch a...

SC mulls satellite for seamless internet connectivity for virtual courts

New Delhi, Oct 26 (IANS) The Supreme Court on Monday raised possibility of using a dedicated satellite for seamless internet connectivity to aid the...

Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail

New Delhi, Oct 26 (IANS): As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Topics In India

Covid 19 India Updates

Unpaid docs: Does govt want us to become Naxalites, asks IMA chief

New Delhi, Oct 26 (IANS) The Indian Medical Association (IMA) on Monday demanded initiation of proceedings for contempt of a Delhi High Court order...

Unpaid docs: Does govt want us to become Naxalites, asks IMA chief

New Delhi, Oct 26 (IANS) The Indian Medical Association (IMA) on Monday demanded initiation of proceedings for contempt of a Delhi High Court order...

Taxes on petrol, diesel may go up further to mobilise additional revenue for Covid relief

New Delhi, Oct 26 (IANS) The economic crisis triggered by the Covid-19 pandemic and subsequent pressure on revenues may again push the Centre to...

India records lowest daily spike in Covid cases in over 3 months

New Delhi, Oct 26 (IANS) With a fresh spike of 45,148 coronavirus infections and 480 deaths in 24 hours, India's tally on Monday stood...

AI to predict acute kidney injury in Covid-19 patients

Washington, Oct 25 (IANS) A new artificial-intelligence-based algorithm may help clinicians predict which patients with Covid-19 face a high risk of developing acute kidney...

Everybody in India must get Covid vaccine free, says Kejriwal

New Delhi, Oct 24 (IANS) According to the Delhi government, every Indian must get the Coronavirus vaccine free of cost, whenever it is ready.The...

Trending News In India

Hero Cycles seeks policy support to spur rural demand

New Delhi, Oct 27 (IANS): Hero Cycles has urged the government to provide policy support, including easy loans and subsidies, to support demand in...

Hero Cycles seeks policy support to spur rural demand

New Delhi, Oct 27 (IANS): Hero Cycles has urged the government to provide policy support, including easy loans and subsidies, to support demand in...

Facebook Gaming arrives on Android with new games, ditches Apple

San Francisco, Oct 27 (IANS) Facebook on Monday made its Cloud gaming service official, with launching several new games in the main app and...

Only 7% plan on going out to movie theatres in the next 60 days

New Delhi, Oct 27 (IANS) Even though movie theatres are now open, only 7 per cent people are willing to go to watch a...

SC mulls satellite for seamless internet connectivity for virtual courts

New Delhi, Oct 26 (IANS) The Supreme Court on Monday raised possibility of using a dedicated satellite for seamless internet connectivity to aid the...

Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail

New Delhi, Oct 26 (IANS): As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest...

Trending Showbiz

Only 7% plan on going out to movie theatres in the next 60 days

New Delhi, Oct 27 (IANS) Even though movie theatres are now open, only 7 per cent people are willing to go to watch a...

OTT Gold Rush: Big bucks for makers, sawdust for backers

The cinemas have been closed for over seven month now. There was no new entertainment on television either for a long time. How long...

Dussehra 2020: Actors list their fave films where good triumphs over evil

New Delhi, Oct 24 (IANS) Ahead of Dussehra, which emphasises on the celebration of the triumph of good over evil, actors have shared their...

Mira Nair’s Monsoon Wedding musical to open in India in 2021

Los Angeles, Oct 23 (IANS) The stage musical version of Monsoon Wedding by Mira Nair will open in India next year.Speaking at a virtual...

IFFI to take leaf from IPL playbook, focus on broadcasting event: Official

Panaji, Oct 22 (IANS): In the wake of Covid-19 pandemic-related restrictions, the Goa government is looking to take a leaf out of the Indian Premier...

We still have much work to do in India market: Netflix

New Delhi, Oct 21 (IANS) Content streaming giant Netflix has reported slow growth in its third quarter (July-September period) despite the social distancing times,...

Trending Sports

Gaikwad bats through as CSK beat RCB by eight wickets

Dubai, Oct 25 (IANS) Opener Ruturaj Gaikwad anchored the Chennai Super Kings (CSK) innings as a clinical performance from them, a rareity this season,...

Chakravarthy, Rana and Narine star in KKR’s win over DC

Abu Dhabi, Oct 24 (IANS): Leg-spinner Varun Chakravarthy's five-wicket haul and scintillating half-centuries from Nitish Rana and Sunil Narine combined to hand Kolkata Knight Riders...

SRH ride Pandey-Shankar stand to beat RR, keep afloat

Dubai, Oct 22 (IANS/GloFans) Important half-centuries from Manish Pandey (83 not out off 47 balls) and Vijay Shankar (52 not out off 51) helped SunRisers...

RCB thrash KKR, show they are serious IPL title contenders

Abu Dhabi, Oct 21 (IANS/GloFans) Speedster Mohammad Siraj bowled a dream spell (3/8), set a few records, and guided Royal Challengers Bangalore (RCB) to an...

Dhawan’s record ton in vain as KXIP beat DC, stay float

Dubai, Oct 20 (IANS/GloFans) A resurgent Kings XI Punjab (KXIP) on Tuesday comprehensively defeated table toppers Delhi Capitals (DC) by five wickets, despite Shikhar Dhawan's...

Latest Trending News In India

Pompeo arrives in Delhi, follows up on Quad with Jaishankar

New Delhi, Oct 26 (IANS): US Secretary of State Mike Pompeo, who arrived in the national capital on Monday for the third India-US 2+2 ministerial...

Hero Cycles seeks policy support to spur rural demand

New Delhi, Oct 27 (IANS): Hero Cycles has urged the government to provide policy support, including easy loans and subsidies, to support demand in...

Facebook Gaming arrives on Android with new games, ditches Apple

San Francisco, Oct 27 (IANS) Facebook on Monday made its Cloud gaming service official, with launching several new games in the main app and...

Only 7% plan on going out to movie theatres in the next 60 days

New Delhi, Oct 27 (IANS) Even though movie theatres are now open, only 7 per cent people are willing to go to watch a...

SC mulls satellite for seamless internet connectivity for virtual courts

New Delhi, Oct 26 (IANS) The Supreme Court on Monday raised possibility of using a dedicated satellite for seamless internet connectivity to aid the...