Smokeless Tobacco Use In Work And Public Places Must Be Prohibited Akin To Smoking Ban-Sachi Satapathy, Balasubramanian Gopalan
Did you know that for every Rs 100 received as excise taxes from tobacco products, the Indian economy loses Rs 816? According to the study, Economic Costs of Diseases and Deaths Attributable to Tobacco Use in India, 2017–2018, the economic cost from all diseases and deaths attributable to tobacco use for persons over 35 years between 2017 and 2018 was USD 27.5 billion (INR 1,773.4 billion). Published in a journal by Oxford Academic, this paper also says that during the same time frame, the tax revenue from tobacco was 12.2% of its economic costs, smoking contributed 74%, and smokeless tobac...
Source: businessworld.in