GOVT SEEKS LEGAL VIEW ON DRUG MARGINS

Unsure of the legalities involved, the government is unlikely to implement the retail trade margins order on drugs in its present form. The government has proposed a 10 percent margin for wholesalers and 20 percent for retailers in the case of branded drugs, and 15 percent and 35 percent in the case of generic drugs. The ministry of chemicals and fertilizers has sent the order to the law ministry for vetting, which is yet to give its views on the matter.

Rediff.com (http://www.rediff.com/money/2005/jan/03drug.htm)