The Government on Wednesday approved a policy for procuring medicines produced by Central PSUs, a move which aims at optimum utilisation of such units while ensuring availability of medicines at lower prices.
The policy will be applicable to 103 medicines for five years and will be consumed by central government departments, Public Sector Undertakings and autonomous bodies.
"The Union Cabinet today approved the Pharmaceuticals Purchase Policy (PPP) for a period of five years from the date of issue of orders by the Department of Pharmaceuticals," said an official release, adding that the list of medicines may be reviewed and revised by the department as per requirements.