FKCCI welcomes the Delhi High Court decision to ban Online Trading of medicine
In September this year, the Ministry of Health banned the manufacture for sale or distribution of 328 fixed-dose combination (FDC) drugs with immediate effect. Besides, it had also restricted the manufacture, sale or distribution of six FDCs subject to certain conditions
Bangalore | Written by: BNN Team | Updated: 13-12-2018 | Views: 86
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Mr. Sudhakar S Shetty, President, FKCCI welcomed the landmark ruling of the Delhi high courtban on online sale of medicines across the country.
Mr. Shetty stated that India’s economy is dependent on human resources as it has the 2nd highest population in the world more than 15% of the population is below 25 years of age. They are jobless. The online trading has adversely affected the small and medium Business communitywhich has resulted in increasing unemployment in the country. There are nearly 19crore youths and they are jobless. Therefore online trading should be banned across all the sectors.
FKCCI had received various representations from the Pharma Associations and Traders from all over the State to ban the online trading of medicines and other commodities as well.
Mr. Sudhakar S Shetty, President, FKCCI mentioned that Online trading of medicine is not supportive and conducive for the business eco-system of our country. Unlike common items, drugs are highly potent and its misuse or abuse can have serious consequences on human health as well. He also said online sale of medicines is actually not permitted under the Drugs and Cosmetics Act, 1940 and Pharmacy Act, 1948.
ThereforeFKCCI very strongly supports the ban on online trading. The ban on online trading of medicines should be extended to other sectors as well.