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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PNN Verified Media or Organization • 16 Apr, 2026 Author
May 15, 2024 • 12:36 PM
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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”
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15 May 2024
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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.

PNN Verified Media or Organization • 16 Apr, 2026 Author

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