1 Percent of GDP lost, 49 Percent of young adults consume tobacco: KPMG report highlights India’s Tobacco crisis

New Delhi (India), May 15:  India’s growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India’s economy expanded at 7.8% in Q1, 7.6 per cent in Q2 and 8.4% [...]

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May 15, 2024 • 12:29 PM  0
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1 Percent of GDP lost, 49 Percent of young adults consume tobacco: KPMG report highlights India’s Tobacco crisis
ng adults consume tobacco: KPMG report highlights India’s Tobacco crisis
New Delhi (India), May 15:  India’s growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India’s economy expanded at 7.8% in Q1, 7.6 per cent in Q2 and 8.4% [...]
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1 Percent of GDP lost, 49 Percent of young adults consume tobacco: KPMG report highlights India’s Tobacco crisis
1 Percent of GDP lost, 49 Percent of young adults consume tobacco: KPMG report highlights India’s Tobacco crisis

New Delhi (India), May 15:  India’s growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India’s economy expanded at 7.8% in Q1, 7.6 per cent in Q2 and 8.4% in Q3.

However, the country’s economy has a small dent that is resulting in a part of the financial growth going up in smoke – almost literally.

A report by KPMG Assurance and Consulting Services report titled Human-Centric Approach to Tobacco Control has revealed that India loses precious 1% of the GDP every year due to diseases and early deaths from tobacco use. India ranks second globally in tobacco and it is the highly productive age group that is succumbing to the temptation to use tobacco and tobacco-related products. In India, there is an alarming prevalence of tobacco smoking among the 20-44 age group (young adults). As per KPMG 2023 survey on tobacco consumption, about 49% respondents in this age group consume tobacco in both smoking and oral form.

PNN Verified Media or Organization • 11 Apr, 2026 Agency

(This is an unedited and auto-generated story from Syndicated News feed, Sangri Today Staff may not have modified or edited the content body)

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