Government Reviewing Options To Tax Obesity Inducing Food Items: Report

Government Reviewing Options To Tax Obesity Inducing Food Items: Report

Authorities might tax meals objects wealthy in sugar and fat to curb rising weight problems amongst youngsters

New Delhi:

Authorities might take into account taxing meals objects excessive on sugar, fats and salt content material and which do not have front-of-the-pack labelling, with the intention to deal with rising weight problems amongst individuals within the nation.

This has been acknowledged by authorities assume tank Niti Aayog’s annual report for 2021-22. In accordance with it, authorities is analyzing evidences obtainable to determine upon measures which will be taken to deal with the issue. Taxing meals objects which result in weight problems is among the prospects.

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

“A nationwide session on the prevention of maternal, adolescent and childhood weight problems was organized beneath the chairmanship of member (Well being), Niti Aayog, on June 24, 2021, to debate coverage choices to deal with the difficulty. to know the actions India can take, akin to front-of-pack labeling, advertising and promoting of excessive fats content material meals and taxation of meals excessive in fat, 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.

In accordance with the Nationwide Household Well being Survey (NFHS-5) 2019-20, the share of overweight girls elevated to 24 per cent from 20.6 per cent in 2015-16, whereas the share for males rose to 22.9 per cent from 18.4 per cent 4 years earlier.

The federal government assume tank in its annual report additionally stated that an skilled committee beneath Niti Aayog member VK Saraswat to review the technological and industrial viability of the hyperloop system held 4 conferences up to now and sub-committees have been constituted.

The sub-committees advised 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 so on,” it stated.

The report stated a blueprint can be ready to develop indigenously constructed hyperloop expertise.

In accordance with the annual report, the sub-committees additionally stated that the federal government is not going to make investments its fund and personal gamers will take the total enterprise dangers.

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

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