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Tobacco Economics, Banks, and Mindful Solutions for Long-Term Sustainability

In: Resurgence and Sustainable Development of Asian Markets in the New Normal

Author

Listed:
  • Ranjit Singha

    (Christ University)

  • Surjit Singha

    (Kristu Jayanti College Autonomous)

Abstract

To sustain the incomes, one must implement multiple cropping systems for farmers who grow their crops in India’s tobacco industry. The inflation in urban/rural areas may signal tax evasion and require regulation. When standards are not met, trade in illicit products appears; it can negatively affect a country’s economic and environmental future. There is hope in reshaping mindfulness practices for tobacco control and public health. As of June 2024, the cigarette market volume in India is US$13,370.0 million. From 2022 to June 2024, India’s cigarette market volume increased to $1.29 billion. As of June 2024, China’s cigarette market volume is $285,130 million, more than India’s. From 2022 to June 2024, China’s cigarette market volume has increased by US $10,800 million. China’s cigarette market volume has increased by US$ 9.51 billion more than India’s. Both China’s and India’s cigarette consumption has increased. AI and virtual reality may aid addiction recovery. Comprehensive strategies, including establishing de-addiction centres, implementing psychoeducation, developing a new intervention manual, developing new interventions, developing new assessment tools, and policy changes, a need to reduce tobacco consumption and address underlying causes. Incorporating mindful methods, new assessment tools, and proper formulation into an economic approach can help curb tobacco consumption sustainably while improving public health.

Suggested Citation

  • Ranjit Singha & Surjit Singha, 2025. "Tobacco Economics, Banks, and Mindful Solutions for Long-Term Sustainability," Springer Books, in: Rabin Mazumder & Isita Lahiri & Dipak Saha & Nandan Sengupta & Kanad Chatterjee & David Earp (ed.), Resurgence and Sustainable Development of Asian Markets in the New Normal, pages 213-229, Springer.
    • Handle: RePEc:spr:sprchp:978-981-96-1785-2_12
    DOI: 10.1007/978-981-96-1785-2_12
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