50% hike in cigarette rates would avoid 40 lakh deaths in India
- Pravin Togadia under fire over hate-speech, RSS says comments fabricated
- Proponents of Article 370 should say how it has helped J&K: Rajnath Singh
- 1984 riots: Akalis protest over Capt Amarinder Singh's clean chit to Jagdish Tytler
- Supreme Court issues notice to Goa Police, agrees to hear Tejpal's bail plea in sexual assault case
- Elections 2014 LIVE: BJP blocked Telangana Bill in Parliament, says Rahul Gandhi
Increasing cigarette prices by 50 per cent would help avoid over 40 lakh tobacco related deaths in India, said a report released by multilateral funding agency Asian Development Bank (ADB).
"A 50 per cent price increase in cigarettes avoids about 27 million (or 2.70 crore) tobacco-attributable deaths, most of which are in the two most populous countries in the world. China would avoids nearly 20 million tobacco deaths, and India over 4 million tobacco deaths," said the report.
For India, it said, the 50 per cent rise in cigarette prices corresponds to increase of 70-122 per cent rise in tax increase.
As per the report, China, India, Philippines, Thailand and Vietnam in Asia are among the top five of the 15 tobacco using countries that account for two-third of the world tobacco consumption.
For each of the five most tobacco consuming countries in Asia, "increasing taxes on cigarettes would result in substantially fewer long-term smokers and a reduction in premature deaths from tobacco-related diseases, while increasing tax revenues."
In India, the report said that bidi is the most common type of smoked tobacco. It remains largely untaxed and their taxation strategies differ from the established patterns of taxation of cigarettes, which are administratively easier to tax than are bidis or other types of tobacco.
"Moreover, cigarette smoking is steadily displacing bidi smoking in India. Thus, it makes sense for governments to focus on taxation strategies for cigarettes while expanding efforts to tax tobacco products more broadly," it said.
The poorest socioeconomic groups in each country bear only a relatively small part of the extra tax burdens, but reap a substantial proportion of the health benefits of reduced smoking.
The ratio of health benefits accrued to the poor to the extra taxes borne by the poor ranges from 1.4 to 9.5.
- 21-year-old dies in road mishap, one injured
- Ask Badals where is Ludhiana Metro: Bhattal to locals
- Arrests in priest murder case divide Catholic Church
- Short Change: EPFO to allot permanent account number to active subscribers by Oct 15
- India Inc profit set to grow, but margins under pressure
- Mulayam: Will amend Constitution for Muslim quota