29 C
Guwahati
Wednesday, April 21, 2021
More

    Union Budget missed raising significant revenues from increasing tobacco taxes: CLPF

    Out of 39,000 new cancer cases that are reported in northeast annually, Assam alone contributes 29,000 cases

    GUWAHATI: The Consumers’ Legal Protection Forum (CLPF), Assam said that the Union Budget has missed opportunities to raise significant revenues from increasing tobacco taxes.

    Advocate Ajoy Hazarika, secretary, CLPF said, “Union Budget 2021 is a missed opportunity to raise significant revenues from increasing tobacco taxes. Unfortunately, tobacco products in India have become more affordable due to the lack of any major increase in tobacco taxes since the introduction of GST in 2017. Increasing tax burden across all tobacco products in a pandemic year would have given a positive message that the government is serious about reducing consumption, addressing comorbidity of tobacco use as well as financing substantial public health and social sector spending in the current budget”.

    The Forum believed that tobacco taxes were the single most effective way to minimize the negative health and economic impacts of tobacco consumption. It said that the best way to do this was through a uniform specific excise tax that comprises at least 75% of the retail price and was automatically updated to stay ahead of inflation and income growth.

    Munindra Narayan Barua, managing director of North East Cancer Hospital and Research Institute, Guwahati said, “The government could used tobacco taxes to finance a lot of public health-related spending announced in the budget while reducing tobacco use. Yet, it chose not to increase taxes on tobacco despite having done no major tax increases on tobacco for more than three years. This will only lead to more uptake of tobacco use in India as tobacco products continue to be highly affordable. Out of 39,000 new cancer cases that are reported in northeast annually, Assam alone contributes 29,000 cases”.

    About 3500 people die every day in India from tobacco use and the economic burden from tobacco use amounted to Rs. 177,341 crores in 2017-18 which is 1% of India’s GDP.

    Read more : Assam: Massive fire breaks out at GMCH

    Published:

    Follow TIME8.IN on TWITTER, INSTAGRAM, FACEBOOK and on YOUTUBE to stay in the know with what’s happening in the world around you – in real time

    First published

    TRENDING

    Section 144 clamped in Shillong; Shops and Markets to remain close on Sundays

    After Assam, the East Khasi Hills district in Meghalaya has imposed some restrictions amid the COVID 19 scare in the state

    Assam MP’s nephew passes away; suicide suspected

    Kaushik Oja, also the nephew of Guwahati Lok Sabha MP Queen Oja, allegedly died by suicide in the wee hours of Thursday.

    Covid19 Scare: Assam Govt yet to decide on holding Board exams

    The total active COVID-19 cases in Assam now stand to 3,200 with 1,122 death cases

    Two murders marred Bihu festivities in Assam

    A man hacked his father to death over some family dispute in Dhubri

    Meghalaya Govt prohibits smoking and spitting in public places; Fine upto Rs 1000

    The decision was taken as per the provisions of sections 51-60 of the Disaster Management Act 2005 and section 188 of the Indian Penal Code

    97 fresh COVID-19 positive cases traced in Meghalaya, Active rises to 457

    East Khasi Hills is the worst affected district with 360 active cases

    No Covid scare at Gauhati University! PG 1st semester exams to be held as per schedule

    A second phase of the examination may be conducted for the students who are not able to appear in the examinations at a convenient time: GU