(Reuters photo)
NEW DELHI: Tobacco-control policies such as higher taxes and price increase can generate significant government revenues for health and development work, states a new report by the World Health Organisation (WHO) and the US' National Cancer Institute. Such measures can also reduce tobacco use and burden of killer diseases like cancer and heart ailments.
According to the report, the global annual excise revenues from cigarettes could increase by 47% if all countries raised excise tax by about $0.80 (approx. Rs 55, as on Wednesday) per pack. Additionally, the tax increase would raise cigarette retail prices on average by 42%, leading to a 9% decline in smoking rates and up to 66 million fewer adult smokers, the report says.
According to the report, the global annual excise revenues from cigarettes could increase by 47% if all countries raised excise tax by about $0.80 (approx. Rs 55, as on Wednesday) per pack. Additionally, the tax increase would raise cigarette retail prices on average by 42%, leading to a 9% decline in smoking rates and up to 66 million fewer adult smokers, the report says.
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