<h1>NPPA Regulates Prices of 74 Bulk Drugs in India Under Drugs (Prices Control) Order, 1995; Monitors Non-Scheduled Drug Prices.</h1> Under the Drugs (Prices Control) Order, 1995, the National Pharmaceutical Pricing Authority (NPPA) regulates the prices of 74 bulk drugs and their formulations in India. These prices are determined based on costs such as materials, conversion, and packaging, along with taxes. While NPPA controls scheduled drugs, non-scheduled drugs' prices are set by manufacturers without government approval. However, NPPA monitors these prices and can intervene if they rise excessively. The National Pharmaceutical Pricing Policy 2012, based on essential medicines, was approved by the Cabinet to further regulate drug pricing, following recommendations from a ministerial group.