Why trade margin must be fixed

First i urge all members to watch this medicine shop video. Then let us discuss why trade margin on medicines must be capped as the miracles cannot happen every day. more  

View all 13 comments Below 13 comments
Popularise use of generic medicines more  
This is a Big RACKET in Medicines. This must stop Immediately. Govt Agency must be involved in Fixing MRP. more  
First of all the principle of writing MRP must be fixed and any entity found guilty of inflating MRP against the laid down instructions should be booked for heavy financial penalty plus other legal actions. more  
More than general, cutlery, other day today requirement shopes, one can find more medical shopes in every street. All shops have good business. Recently,when interacted with a shop owner, his comment was profit margin is much more than in any other product. All medical shopes now days extend 10 - 15% discount on all products, which, shop keepers were not extending. Business is cash and carry. Unless without good margin, this many shopes cannot flourish. more  
Cost plus transport plus PROFIT margins shall be the MRP. more  
Post a Comment

Related Posts

    • Plastic in Karnataka Idlis

      Once again food safety in India is a joke FSSAI is clueless and so Are so many state food depts The Karnataka Food Safety Department discovered that 52 hotels across the state were ...

      By Ashima Gupta
      /
    • Income tax notice to expect

      If attached is the extent they are going, everyone needs to look at their inflow as well as outflow according to their lifestyle. Please go through attached. Want income tax department ...

      By Ruchika L Maheshwari
      /
    • Aadhar updation still in nineties mode

      You need to stand in queue for few hours in morning for tokens (only 20 per day) and then wait for your turn like 1980s Government of India should launch online tokens, increase the dail...

      By Ruchika L Maheshwari
      /
    • Selenium in wheat and people turn bald

      Over 300 individuals in Buldhana, Maharashtra, experienced sudden and severe hair loss, traced to wheat supplied through India’s Public Distribution System. Investigations by Padma awardee Dr...

      By Seema Shah
      /
    • Mahakumbh Loot by various agencies

      Today the Dainik Bhaskar paper has carried the LocalCircles survey as main headline of the paper on how people going to Mahakumbh have been subjected to overcharging by all agencies.

      By Seema Shrivastava
      /
    • Toll and Tax loot of India

      200 km toll charges Rs 500 Assuming Car mileage of 15 KM per liter Diesel, Cost of fuel for 200 km is Rs 1300/- Toll Charges Rs 500 Cost of travel Increased by 38...

      By Amit Mishra
      /
    • Society is a multiple reflection of media

      Many inappropriate things are shown in media like use of abusive language, violence, smoking, drinking, details of how several crimes are committed. Media personnel give the argument they show what...

      By Chander Jain
      /
    • Regulation of video OTT platforms must says SC

      I am pleased to share with all that yesterday supreme court reprimanded the Govt and told them to regulate obscene content. Youtube was specifically mentioned.

      By Vinita Agrawal
      /
    • Stampede on New Delhi station

      LocalCircles CEO has rightly put out on social media that despite people listing out concerns of safety, the Ministry has failed to act.

      By Garima Sharma
      /
    • Edible Oil prices

      A weaker rupee is pinching consumers, with cooking oil prices increasing 5% in past fortnight. With 60% imports, the rupee's depreciation coupled with an increase in cooking oil prices at their ori...

      By Garima Sharma
      /
    • Rules for podcast and audio video platforms

      India has taken bad taste, provocative content to the next level with these stupid comedy shows full of crude humour. It doesn’t go with the heritage and culture of this country. I...

      By Ajay Dutta
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)