Drug retailers observe 12-hour bandh in Jammu

Last Updated: Friday, May 10, 2013 - 17:49

Jammu: Medicine shops in Jammu on Friday remained shut in support of a 12-hour bandh call issued by a national body of chemists and druggists in protest against reduction of trade margins as per a new central government policy.

All medicine shops in Jammu remained shut from 6 am today with traders across the city observing the bandh call from All India Organisation of Chemists and Druggists (AIOCD).

Members of the Jammu and Kashmir Medicine Dealers` Association (JKMDA) also took out a protest march and held demonstrations near Press Club here.

A JKMDA spokesperson said that the bandh was in protest against non-fulfilment of demands by the Union Ministry of Health and Family Welfare.

AIOCD is objecting to a reduction in trade margins for medicines in the Drugs (Price Control) Order, 2013, and is also opposed to FDI in distribution and sale of medicines.

The new drug policy recommends a 6 per cent reduction in profit margins for medicine retailers. AIOCD claim that chemists and druggists would be adversely impacted by the move.

PTI



First Published: Friday, May 10, 2013 - 17:49

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