Pakistan

SHC orders govt to fix Panadol’s price within a month

Published

2 years ago

Farwa

Panadol is commonly used to relieve fever and pain.
Directive comes during hearing of contempt of court plea filed by Panadol manufacturer.
DRAP apprises court that federal govt’s node is needed to raise price of medicines.

The Sindh High Court (SHC) on Thursday ordered the federal government to fix the price of Panadol — a medicine commonly used to relieve fever and pain — in the next four weeks.

The orders came during the hearing of a contempt of court petition filed by the pharmaceutical company that manufactures the medicine. It had moved the SHC over the government’s non-compliance of the court’s earlier orders about raising Panadol’s price.

During the course of the proceedings, the officials of the Drug Regulatory Authority of Pakistan (DRAP) apprised the court that the federal government’s nod is needed to raise the price of medicines.

At this, the SHC directed the federal government to decide the price of the medicine in the next cabinet meeting and submit a report to the court in this regard.

The Centre’s lawyer admitted that the matter related to the price of Panadol did not come under discussion in the previous cabinet meeting.

In its petition, the pharmaceutical company stated that they purchase raw materials for the medicine in dollars, adding that the cost of the medicine has increased significantly due to the rupee’s continuous fall against the greenback in recent weeks.

The petitioner said that the government is reluctant to increase the price of the medicine.

Latest News

SCO Summit Preparations: Interior Minister Examines SCO Summit Arrangements

Published

21 hours ago

Farwa

The preparations for the Shanghai Corporation Organization Summit, which will take place in Islamabad next week, were reviewed by Federal Minister of the Interior Mohsin Naqvi during his tour of the Federal Capital.

D-Chowk, Constitution Avenue, Murree Road, and the Islamabad Expressway were all thoroughly inspected by Interior Minister Mohsin Naqvi.

The Minister gave the authorities instructions regarding the optimal setup for the next summit after reviewing the refurbishment and cleaning plans for the SCO Summit.

The minister stated that while ensuring that all of Islamabad is clean, particularly the VVIP routes and the red area, the construction and restoration projects should be finished as quickly as feasible.

Mohsin Naqvi stated that the SCO Summit will showcase Islamabad’s natural beauty on this particular occasion.

Latest News

Elahi Bakhsh Soomro Dies; Karachi Will Hold Funeral Prayer Today

Published

21 hours ago

Farwa

After a lengthy illness, Elahi Bakhsh Soomro, the former Speaker of the National Assembly, passed away. At ninety-eight years old.

Today at 1:00 PM in Karachi, there will be a funeral prayer for him.

In the Jacobabad District of Sindh, Soomro was born in 1926. He was a member of the Shikarpur-based Soomro family, who for a long time dominated Sindh. He was the brother of Ahmad Mian Soomro and the son of Maula Bakhsh Soomro. His degree is in engineering.

The federal minister is now Elahi Bakhsh Soomro. In 1985, he was elected without opposition to the national legislature.

He was elected as a Member of Parliament for the Pakistan Muslim League in the 1990 and 1997 elections. Additionally, he was repeatedly elected to the Senate at various points in time.

Latest News

SIFC Supports Shanxi Coal Initiative: China to Finance Coal-to-Chemicals Project in Pakistan

Published

21 hours ago

Farwa

The Shanxi Coal and Chemical Industry Group of China intends to invest in technologies for the production of chemicals derived from coal reserves in Sindh, Pakistan. This project, supported by the Special Investment Facilitation Council (SIFC), seeks to improve collaboration between Pakistan and China in energy and industrial advancement.

Shanxi Coal and Chemical, one of China’s major state-owned firms, has made substantial investments in the coal and energy sectors. This project illustrates the increasing cooperation between the two nations.

Pakistan aims to fulfill its energy requirements by augmenting coal-fired production, thereby lowering electricity generation expenses. Petroleum Minister Musadik Malik stated that “Pakistan possesses extensive coal reserves, and this initiative demonstrates our dedication to the effective utilization of our natural resources.”

Pakistan now extracts roughly 7.6 million tons of coal annually from the Thar region, with intentions to augment this to 11 million tons within three years. The efficient utilization of these resources can stabilize the nation’s economy.