medicine
Pharmaceutical tablets and capsules are arranged on a table in this picture illustration taken in Ljubljana August 20, 2014. [Representational Image]Reuters

The National Pharmaceutical Pricing Authority (NPPA) has fixed the ceiling price of 509 essential medicines, bringing down their prices from 5 percent to more than 40 percent.

"NPPA has already fixed the ceiling price in respect of 509 essential medicines out of 680 medicines (628 net medicines) contained in the Schedule-1 of DPCO 2013," PTI quoted Minister of State for Chemicals and Fertilizers Hansraj Gangaram Ahir, as informing the Lok Sabha on Wednesday.

Here is the break-up of number of medicines and the reduction: 

Number of Medicines Percentage of Reduction
127 Over 40%
34 35-40%
30 30-35%
57 25-30%
65 20-25%
44 15-20%
55 10-15%
46 5-10%
51 Up to 5%