Oxygen Concentrator Price

Capping the trade margin on oxygen concentrators by the government has resulted in ensuring consumer savings as the price of the critical device has come down, the Ministry of Chemicals and Fertilizers said on Friday.

Government has capped the trade margin on price of oxygen concentrators to up to 70 per cent.

The government has capped the trade margin on oxygen concentrators at 70 per cent in order to keep in check the price of the much in demand critical life-saving component amid the second wave of the coronavirus pandemic.

The Centre Tuesday informed the Delhi High Court that pricing authority NPPA has initiated the process to fix a formula to determine the MRP of oxygen concentrators, needed for COVID-19 treatment, as people were being charged exorbitantly.

The Delhi Police on Thursday asked a court to grant five more days of custody of businessman Navneet Kalra to interrogate him for allegedly hoarding life-saving oxygen concentrators and selling them at inflated prices in black market.

The Delhi High Court Monday asked the Centre why it can't fix a formula to determine the MRP of oxygen concentrators which are in demand for COVID-19 treatment as people were being charged exorbitantly.

Delhi-based restaurateur Navneet Kalra, accused of hoarding and selling oxygen concentrators at massively inflated prices, has been arrested from a farmhouse in neighbouring Gurgaon.

China said the prices of some of Covid medical supplies like oxygen concentrators being procured by Indian companies from Chinese manufacturers have gone up as they had to import raw materials from Europe to meet the excess demand from India.

The Delhi High Court Wednesday told the Centre it was "high time" that Maximum Retail Price of oxygen concentrators and other equipment in demand for COVID treatment was fixed to immediately stop their hoarding and black marketing.

"Job of the government is not like a terrorist" and "just to hide your failure, you are after people," said an anguished Delhi Court on Tuesday while expressing strong displeasure that the government is yet to regulate the prices of medical equipment

A 25-year-old man was arrested for allegedly selling oxygen concentrators in the black market at exorbitant prices in south Delhi's Saket area, police said on Wednesday.

Capping the trade margin on oxygen concentrators by the government has resulted in ensuring consumer savings as the price of the critical device has come down, the Ministry of Chemicals and Fertilizers said on Friday.

Government has capped the trade margin on price of oxygen concentrators to up to 70 per cent.

The government has capped the trade margin on oxygen concentrators at 70 per cent in order to keep in check the price of the much in demand critical life-saving component amid the second wave of the coronavirus pandemic.

The Centre Tuesday informed the Delhi High Court that pricing authority NPPA has initiated the process to fix a formula to determine the MRP of oxygen concentrators, needed for COVID-19 treatment, as people were being charged exorbitantly.

The Delhi Police on Thursday asked a court to grant five more days of custody of businessman Navneet Kalra to interrogate him for allegedly hoarding life-saving oxygen concentrators and selling them at inflated prices in black market.

The Delhi High Court Monday asked the Centre why it can't fix a formula to determine the MRP of oxygen concentrators which are in demand for COVID-19 treatment as people were being charged exorbitantly.

Delhi-based restaurateur Navneet Kalra, accused of hoarding and selling oxygen concentrators at massively inflated prices, has been arrested from a farmhouse in neighbouring Gurgaon.

China said the prices of some of Covid medical supplies like oxygen concentrators being procured by Indian companies from Chinese manufacturers have gone up as they had to import raw materials from Europe to meet the excess demand from India.

The Delhi High Court Wednesday told the Centre it was "high time" that Maximum Retail Price of oxygen concentrators and other equipment in demand for COVID treatment was fixed to immediately stop their hoarding and black marketing.

"Job of the government is not like a terrorist" and "just to hide your failure, you are after people," said an anguished Delhi Court on Tuesday while expressing strong displeasure that the government is yet to regulate the prices of medical equipment

A 25-year-old man was arrested for allegedly selling oxygen concentrators in the black market at exorbitant prices in south Delhi's Saket area, police said on Wednesday.