Innovative Financial Advisors Pvt. Ltd.: Paradigm of Smoking
03/17/2015

Innovative Financial Advisors Pvt. Ltd. - Human habits are often driven by unconscious psychology prevailing within, unknown to oneself.

Online PR News – 17-March-2015 – New Delhi/Delhi – Innovative Financial Advisors Pvt. Ltd. - Human habits are often driven by unconscious psychology prevailing within, unknown to oneself. Since long, society has been witness to individuals who have drowned themselves into smoking habits eventually tarnishing their life beyond imagination and struggling for revival. Advocates of smoking consider it a way to relax and transpire stress but the argument is short lived, ignoring the chronic effect.

Innovative Financial Advisors Pvt. Ltd. - Theories varying from Classical approach to Keynesian approach were discussed to tackle the –critical issue and considering different aspects. One school of thought argued that the only way to control such habits is to ban manufacturing, restricting supply by imposing heavy taxes. Supply, an important dimension of market and base for various economic ideologies is the most discussed concept for encouraging smoking habits. Considering it frivolous, the other school of thought propounded that banning manufacturing will hinder government earnings (tax from manufacturing units); an important determinant of fiscal. Any attempt to put a full stop on the supply of tobacco and making tobacco products expensive employing the same rationale that has been applied for many other industries i.e. heavy taxation will be complemented by an increase in activities like kidnapping, robbery, extortion as one addicted to drugs will stride for alternatives to meet the incremental cost resulting from the detrimental supply. Arrived at a consensus, economists suggested that economy like India is not endowed with plethora of options to curb smoking habits, apart from creating awareness on reducing consumption through strengthened information campaigns. Reducing demand means making self declared pragmatic minds realize the side effects of such habits. Awareness campaigns done by most of the business houses are more of promotional strategy with an intention to increase the brand image highlighting the holistic and societal motives. On the other hand, Government coming forward and taking the charge of being more responsible towards the society is busy in making policies, allocating budgets, announcing free health check ups but missing out the implementation at ground level.

Though our intellectual honchos, using their expertise and competency figured out the epicenter of the problem, the desired yield is yet desired. Innovative Financial Advisors Pvt. Ltd. believes that our best efforts towards making public aware about the ill effects of smoking and taking drugs have not been good enough. Passing the parcel of responsibility, between the government and decision making body, will lead the economy no where and it's high time for us to take charge and be socially responsible.

Rahul Mishra

Relationship Manager

Innovative Financial Advisors Pvt. Ltd.