Google search engine
HomeBusinessGovernment Reviewing Options To Tax Obesity Inducing Food Items: Report

Government Reviewing Options To Tax Obesity Inducing Food Items: Report

Government could tax meals objects wealthy in sugar and fat to curb rising weight problems amongst youngsters

New Delhi:

Government might contemplate taxing meals objects excessive on sugar, fats and salt content material and which do not have front-of-the-pack labelling, with a purpose to deal with rising weight problems amongst folks within the nation.

This has been acknowledged by authorities assume tank Niti Aayog’s annual report for 2021-22. According to it, authorities is analysing evidences accessible to resolve upon measures which will be taken to deal with the issue. Taxing meals objects which result in weight problems is likely one of the prospects.

Niti Aayog famous that weight problems is very rising amongst youngsters, adolescents and ladies in India.

“A national consultation on the prevention of maternal, adolescent and childhood obesity was organised under the chairmanship of member (Health), Niti Aayog, on June 24, 2021, to discuss policy options to tackle the issue. Niti Aayog is reviewing the evidence available to understand the actions India can take, such as front-of-pack labelling, marketing and advertising of high fat content foods and taxation of foods high in fats, sugar and salt, ” it stated.

Non-branded namkeens, bhujias, vegetable chips and snack meals entice 5 per cent GST whereas for branded and packaged objects, the GST fee is 12 per cent.

According to the National Family Health Survey (NFHS-5) 2019-20, the proportion of overweight girls elevated to 24 per cent from 20.6 per cent in 2015-16, whereas the proportion for males rose to 22.9 per cent from 18.4 per cent 4 years earlier.

The authorities assume tank in its annual report additionally stated that an professional committee below Niti Aayog member V Ok Saraswat to check the technological and industrial viability of the hyperloop system held 4 conferences to date and sub-committees have been constituted.

The sub-committees steered that hyperloop system be permitted to be constructed, owned and operated by the personal sector and the federal government act as a facilitator by offering certification, permissions, tax advantages and land (if potential), and many others,” it stated.

The report stated a blueprint will probably be ready to develop indigenously constructed hyperloop know-how.

According to the annual report, the sub-committees additionally stated that the federal government won’t make investments its fund and personal gamers will take the total enterprise dangers.

Hyperloop is a know-how proposed by inventor and businessman Elon Musk, who’s behind the electrical automobile firm Tesla and the industrial area transport firm SpaceX.

Source hyperlink



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

English हिन्दी
%d bloggers like this: