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StatesPosted at: Jun 19 2018 5:23PM


MTaI lauds NITI Aayog on TMR, asks for a Non-Discriminatory Approach

Kolkata, Jub 19 (UNI) Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies with significant manufacturing investments in India, on Tuesday commended NITI Aayog for floating a concept note on the much-awaited trade margin rationalization and committed to provide all support in forming a balanced policy on the subject.
“We laud the inclusive approach and continual efforts of the government to rationalize the trade margins. MTaI has been actively involved in deliberations with the government on bringing down the cost of medical treatment for patients. We had expressed our support to trade margin rationalisation as suggested in Report of The Committee on High Trade Margins in the Sale of Drugs, 2016 as early as August 2017. We believe it is an effective alternative to price capping,” the association said in a statement here on Tuesday.
“We have seen its adoption in Delhi Government’s draft policy to control trade margins. We continue to be committed to a balanced policy at the level of the union government,” the statement said.
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Tags: #MTaI lauds NITI Aayog on TMR# asks for a Non-Discriminatory Approach
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