Missing the Wood for the Trees? Ill-thought Moves on Drugs and Drug Industry

S Srinivasan

Working Papers from eSocialSciences

Abstract: Nothing less than price regulation with ceiling prices is going to achieve lower drug prices. Excise duty cuts eventually end up enriching the manufacturers as what will be ‘passed on’ to the consumer is often merely a gesture, and makes little difference to the consumer.

Keywords: drugs; drug industry; excise duty cuts; Union Budget 2008-09; Economics (search for similar items in EconPapers)
Date: 2008-03
Note: Current Affairs
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