STOCK MARKET BSE NSE

'Impose Sin Tax on Sugary Beverages'

Published: 15th April 2016 05:05 AM  |   Last Updated: 15th April 2016 05:05 AM   |  A+A-

CHENNAI: A collection of medical professionals from the India, US, UK, Brazil and Mexico have come out with a petition in support of a sin tax on sugar-sweetened beverages (SSB) in India.

The statement, mailed to key MPs and ministries, notes that a changing diet is leading to an alarming increase in rate of obesity, type 2 diabetes, hypertension, and cardiovascular diseases in India.

“India stands to reverse decades of public health gains if these trends are left unaddressed,” the statement warned, adding, “an increasing body of new public health research shows that SSBs ­pose a unique risk of increasing risk of obesity, type 2 diabetes, and cardiovascular disease.” 

India’s Chief Economic Advisor has proposed increasing sin taxes on SSBs and treating them similar to tobacco.  The proposal is expected to come up for a vote in the Indian parliament as part of the larger Goods and Services Tax Bill.

Impose.JPG 

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp