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WHO report praises tobacco tax, price rise

DNMUM381138 | 1/12/2017 | Author : Neetu Chandra Sharma | WC :537

Says policies to control tobacco use has potential to protect people’s health, generate high revenues
New Delhi: Policies to control tobacco use, including tobacco tax and price increase, has the potential to greatly reduce tobacco use and protect people’s health from the world’s leading killers, like cancer and heart disease. It can generate significant government revenues for health and development work, according to a new global report from the World Health Organisation (WHO) and the National Cancer Institute of the United States.
But left unchecked, the tobacco industry and the deadly impact of its products cost the world’s economies more than US$ 1 trillion (Rs 6,81,765 crore) annually in healthcare expenditures and lost productivity, according to findings published in The economics of tobacco and tobacco control.
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