Pharmaceutical Regulatory Policies in India in The Post-Liberalization Period: A Brief Overview
Journal Title: IJAR-Indian Journal of Applied Research - Year 2016, Vol 6, Issue 5
Abstract
The present paper attempts to provide a brief temporal and socio-historical account of the shift in pharmaceutical regulatory policies in India during the period after liberalization of the economy. The paper also attempts to demonstrate how post 1986, the government reversed its earlier policies, reduced the span of price control, allowed scope for more profits to firms, approved the liberalization of imports and scrapped various production control measures and that in this context, Drug Price Control Order of 1987 marked the increasing tilt of the government towards liberalization in the industry.
Authors and Affiliations
Dr. Parvathi K. Iyer
Keywords
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