Loose Cigaratee To Be Banned Soon.

[teliyadu_nuvvu]

Shares of tobacco companies fell sharply on Tuesday after the government said today that it has accepted the recommendations of an expert panel which has proposed banning the sale of loose cigarettes. 

The panel has also suggested increasing the minimum age for those who can buy tobacco products and has proposed a bigger fine for violation of provisions of the Cigarettes and Other Tobacco Products Act, 2003.

Health minister JP Nadda said in a written reply in the Rajya Sabha that "the Ministry has accepted the recommendations and a draft note for Cabinet has been circulated for consultation." 

The recommendations will now be put before the Cabinet and will require a Parliament nod before they are implemented.

Nearly 70 per cent of all sales are from loose cigarettes - many cannot afford to buy a packet of 10 cigarettes at an average Rs. 190

Analysts say sales will take a 10 to 20 per cent hit if these proposals are made the law. The cigarette industry contributes Rs. 25,000 cr in tax revenue, but health concerns are expected to override the loss from that. 

Indians smoked more than 100 billion cigarettes in 2012, according to Euromonitor International.

All tobacco companies fell sharply after the news broke. ITC, India's biggest cigarette maker, fell nearly 7 per cent to a day low of Rs.348.60, while Godfrey Phillips, which manufactures Red & White brand of cigarettes, slumped as much as 11.5 per cent to an intraday low of Rs. 2,880.

 

 

 

Source:

http://profit.ndtv.com/news/market/article-tough-tobacco-policy-soon-sale-of-loose-cigarettes-may-be-banned-703711

[teliyadu_nuvvu]

India's going to ban loose cigarettes? So the approach has shifted. From "Loose people smoke cigarettes" to "People smoke loose cigarettes"

 

Source: Ramesh Srivats - Tweet

[ChandraSekharCherukuri]

gud idea , naa lanti valli musukoni tagatam taggistharu 

[teliyadu_nuvvu]

Two things will happen with this loose cigarette ban -

1. Cops will get another reason to harass baddi kottlu

2. People will put group-buy.

 

[chandra916]

gud idea , naa lanti valli musukoni tagatam taggistharu 

Agreed......okati ara thaagevadini ippudu adhi kuda ledhu 

[gundubabu]

Nenu recent Ga manesina ,brathikipoyya

[chandra916]

sales increase avuthyai definite ga 

[gundubabu]

sales increase avuthyai definite ga

ela

[teliyadu_nuvvu]

sales increase avuthyai definite ga 

 

 

ledu baa

 

Gula vunna vaadu pocket kontadu..

 

pellam ki cheppakunda kalechevallu .. okati konaleka .pocket dachipettaleka.. apesthar anukunta..

 

[chandra916]

ela

loose konevaadu packet kontaadu....daily rendu thaagevaadupacket jebulo vunte inka ekkuve thaaguthadu kadha

[athapurbaba]

Bhayya tips plzzz

Nenu recent Ga manesina ,brathikipoyya

[thedarkknight]

worst decison smoking manedham ani roju okkka  okka cogarette taginchevallu mohtma packet leputaur malli 

[timmy]

kalchevaadu elaagaina kalusthaadu maanadu. its an addiction 

[xxxmen]

teliyadu_nuvvu are you chain smoker?

 

[teliyadu_nuvvu]

teliyadu_nuvvu are you chain smoker?

 

 

 

 

ledu baa .. kanisam gif lo iyina veddam ani..