evidence: After cardiac stents, Centre slashes knee implant prices [...] A day after PM Narendra Modi announced in his Independence day speech that prices of knee surgery would be brought down, country’s drug price regulator — National Pharmaceutical Pricing Authority (NPPA) fixed the selling price of knee implants from Rs 54,000 to Rs 1.14 lakh, nearly 70% lower than most surgeries currently cost. Goods and Services Tax will be extra. [...] "After cardiac stents, we have now decided to bring knee implants under price control," said Ananth Kumar, minister for chemicals and fertilizer, which NPPA comes under.