Do sin taxes really help society?
Large sodas, alcohol, and tobacco are just a few things governments around the world want to keep us away from.
Large sodas, alcohol, and tobacco are just a few things governments around the world want to keep us away from.
Textiles and apparel alone had an illicit market size of Rs 4,03,915 crore in 2022-23, accounting for over 50 per cent of the total illicit market.
Tobacco kills 13 lakh people every year in India, said Union Minister of State for Health and Family Welfare, Prataprao Jadhav on Tuesday.
Union Minister of State for Health and Family Welfare Prataprao Jadhav on Tuesday said the development of the nation is closely linked to the health of its young population, and urged everyone to pledge to resist and quit tobacco.
The advisory was issued jointly by the secretaries of the Union Ministry of Education and the Union Ministry of Health and Family Welfare.
Tobacco use is a global epidemic that kills six million people annually. Approximately one person dies every six seconds due to tobacco, accounting for one in 10 adult deaths.
Tobacco and cigarette manufacturer VST Industries registered a 22 per cent growth in sales and logged 15.4 per cent growth in net profit in the quarter ended September 30, 2022.
Tobacco use continues to be a major contributor to the global burden of disease, causing an estimated 12 per cent of deaths worldwide among people below 30 years of age.
Death of over 8 million people and widespread destruction of environment, through cultivation, production, distribution, consumption, and post-consumer waste, is a huge cost we are paying due to tobacco consumption, says World Health organization (WHO).
A significant raise in taxes and implementing the proposed amendments for a stricter anti-tobacco law, COTPA, are the way forward to curbing tobacco consumption.
