This policy brief discusses the issue of medicine pricing and affordability for the common people of India. This document gives specific examples of overpricing. A decaying public health system and a market riddled by overpriced, irrational and unscientific medicines aggravates the lack of access and affordability. Several Government of India committee reports have suggested some form of medicine price regulation. As this brief points out, even in the so-called advanced countries of the West, some form of governmental regulation is prevalent. Health is too precious to be left to market forces – a thinking which even a ‘free market’ economy like the US and its new president elect is veering towards – the meltdown has made it clear that access to affordable health is a basic human right.
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