National Pharmaceutical Pricing Authority

The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India..National Pharmaceutical Pricing Authority (NPPA) was constituted vide Government of India Resolution dated 29th August, 1997 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
Drug Price Control Orders.
The NPPA regularly publishes lists of medicines and their maximum ceiling prices. The latest DPCO was released in 2013 which has a list of 384 drugs.
On 4 December 2017, it was announced that a Multi-disciplinary committee of experts for consultation on matters pertaining to implementation of Drug Price Control Order (DPCO) including technicalities involved in pricing and new launches will be set up and it will have the member secretary of the National Pharmaceutical Pricing authority (NPPA) as its convener.
Initiatives.
Price monitoring and resource unit (PMRU).
The National pharmaceutical and pricing authority(NPPA) under its program called "Consumer awareness, publicity and price monitoring" has set up 12 Price monitoring and resource units in various States and UTs.It has planned to set up such units in all 36 states and UTs for better outreach of NPPA in the states as these units will help the NPPA and State drug controller to ensure the accessibility of drugs at affordable prices.The PMRUs are societies registered under Societies Registration Act, 1860 under the direct supervision of State drug controller with its "board of governors" containing nominees of state and central government apart from other stakeholders.They will be funded by NPPA for their recurring and non recurring expenses.
References.
http://nppaindia.nic.in/wh-new-2018/wh-new-07-2018.html "NPPA has fixed/revised ceiling prices/retail prices of 869 formulations under Drugs (Prices Control) Order, 2013 in related Notification /order dated 02.04.2018."