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On this episode of the State of the Financial system podcast, PT Jyothi Datta talks to Dr. Sharad Kumar Agarwal, Nationwide President, Indian Medical Affiliation (IMA). The podcast focuses on the current directive by the Indian authorities that mandates docs to prescribe medicines utilizing solely generic names. Dr. Agrawal explains the IMA’s perspective on this directive, citing issues about affected person security, high quality management, and the complexities of medical decision-making.
He emphasises that whereas the IMA is just not in opposition to the thought of rational prescription and cost-effectiveness, the present lack of stringent high quality management within the manufacturing and distribution of generic medicines raises important issues. Dr.Agrawal highlights the necessity for a strong infrastructure to make sure that generic medicines are of constant high quality and efficacy. Moreover, he raises questions concerning the variation in pricing for medicines with comparable compositions and advocates for a standardised pricing mannequin for each branded and generic medicine.
The dialog additionally explores the potential implications of the generic prescription directive on affected person security, doctor-patient belief, and the prevalence of violence in opposition to healthcare professionals. He expresses the IMA’s issues concerning the adversarial penalties of this directive, significantly in vital care eventualities the place fast decision-making is essential.
Dr.Agarwal stresses the significance of sustaining affected person security and high quality healthcare. He advocates for a collaborative strategy between the medical group and the federal government to handle these issues and discover a balanced answer to make sure reasonably priced medicines with out compromising on high quality.
Pay attention in!
(Host: PT Jyothi Datta, Producers: Anjana PV, V Nivedita)
Concerning the State of the Financial system podcast
India’s economic system has been hailed as a vibrant spot amid the final gloom that appears to have enveloped the remainder of the world. However a number of sectors proceed to stutter whilst others appear set to fireside on all cylinders. That will help you make sense of the bundle of contradictions that the nation is, businessline brings you podcasts with consultants starting from finance and advertising and marketing to expertise and start-ups
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