Government regulates the price of oxygen concentrators; trade margins capped at 70%

The government regulates the price of the oxygen concentrator price and has capped the trade margins at 70%. In view of the extraordinary circumstances arising due to the covid pandemic that has resulted in the increased volatility in the MRP of the oxygen concentrators, the government has decided to step in and regulate the price of oxygen concentrators. The current margins rise to 198%, which has now been capped at 70% by the government. It's a massive relief for the ones who require oxygen concentrators at the moment. The policy will be applicable from 9th June. The pricing of the concentrators has been set at 70% due to the international import.

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