Cigarette Cigarettes Should Be Banned Case Study

It is generally accepted that smoking is bad for health. However, it is pity that rather than putting a ban on it. The government instead is imposing even higher taxes on it. This is simply because first of all banning tobacco, cigarettes would mean that these products will also lead to a loss of revenue in form of Excise duty and VAT tax for the government, and unemployment for lakhs.
Taking the case of a reputed Indian company ITC, ITC is responsible for selling about 82% of cigarettes available in the country, which contributes to 87% of its profits. ITC contributes about Rs 54,000 Cr to the GDP. Clearly the contribution of Cigarettes to the GDP is significant and cannot be overlooked. Also, it would be very difficult to enforce a ban on
Furthermore in order to maintain their upright and guilt-free position and from the fear of losing elections the only resort left with political parties in order to reassure the public is by repeatedly sticking to us Mukesh’s so called tragic story!
Ans 3. Maximum Retail Price (MRP) is the price of a product inclusive of all taxes levied on it which is determined by the manufactures of the product. India adopted the concept of MRP to ensure that prices remain uniform in federal India where ‘Taxation is Non-Uniform’. When a manufacturer calculates the MRP of a product, he takes into account the highest tax rate charged on it by a state in India.
If it there would be no MRP a country like would be considered like a living hell in financial terms. Taking into consideration the unendingly elaborate system of family relations, a retailer might sell a certain commodity to a stranger at a higher price than to an acquaintance, this would indirectly be in violation to people’s right to equality, not only this it would cause a psychological distress among the populations. As a result the prices of daily commodities would shoot-up which leads to an increase in poverty levels. This would act as a catalyst in increasing crime rates and vendors adopting unfair trade
Other countries have a great deal of transparency in terms trading and this is not because of their self-righteous attitude but as a result of their stringent laws against such crimes. Also in most of the countries the principle of having universally enforceable printed price is viewed as akin to price fixing and is thus prohibited as being anti-competitive.
Therefore the idea of abolishing MRP in country like India will help people from exploitation from the govt only to be exploited later by the retailers!
Ans 2. There is variation in the demographic structure of population across the globe. This not only results in diversity of religion and customary background but also in the difference in financial soundness. Furthermore results have proven that roughly half of the wealth in the world is owned by only 1% of nearly 8 Billion people living on the planet. This disparity therefore acts as hindrance in the development process. Therefore in order to reach equilibrium it is must that everyone should be provided with adequate resources and knowledge
An important step taken in this direction is providing financial aid to the underprivileged. This will not only help them break-free from their existing state of mind but also break-free from the existing social boundaries set by the society. This scheme would surely help the