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This means the governments played it pretty smart by selling off the bondsthen enacting measures that would make them less valuable

After the new excise duty regime kicked in, cigarette prices have gone up, with a pack of 10 sticks now costing at least Rs 2225 more than before.This follows the governments decision to raise taxes on cigarettes for the first time in nearly seven years, bringing Indias tobacco taxation closer to global public health norms

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Researchers have found that raising the minimum age to purchase tobacco products to 21 or 25 years old would significantly reduce smoking and tobacco-related illnesses in the country and that a majority of US adults support the change