Over 800 drugs, including Paracetamol, Azithromycin, under the National List of Essential Medicines (NLEM) will increase by 10.7 per cent starting April 1.
India relies on overseas purchases to meet about 85 per cent of its oil requirement, making it one of the most vulnerable in Asia to higher oil prices.
The annual rate of Wholesale Price Index (WPI) based inflation stood at 4.83 per cent in February 2021.
GDP deflator, which indicates inflation in the economy, is a mix of both wholesale and retail inflation.
However, high double-digit inflation in fuel at 17.73 per cent remained a matter of concern.
Calculated on the basis of Wholesale Price Index (WPI), the inflation was 3.93 per cent in November 2017 and 2.10 per cent in December 2016.