No more vaping in India - e-cigarettes banned by Government.
As per news Union Finance Minister Nirmala Sitharaman Wednesday said the Union Cabinet had approved an ordinance banning production, import, distribution and sale of electronic cigarettes. This decision to ban e-cigarettes was taken as they were a health risk to the youth.
“The Union Cabinet has given the approval to ban e-cigarettes. It means the production, manufacturing, import/export, transport, sale, distribution, storage and advertising related to e-cigarettes are banned,” Sitharaman said at a press conference in New Delhi.
Following the announcement, stocks of cigarette makers ITC Ltd and Godfrey Phillips India Ltd ended higher by 0.9% and 5.3%, respectively. India has 106 million adult smokers, second only to China in the world, making it a lucrative market for firms making e-cigarettes such as Juul and Philip Morris, Reuters reported.
Source: https://indianexpress.com/article/in...raman-6006478/