• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Politics

ADIC raises concerns over Excise chiefs proposal on illicit alcohol

by
December 25, 2024
in Politics
0
ADIC raises concerns over Excise chiefs proposal on illicit alcohol
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The Alcohol and Drug Information Centre (ADIC) has issued a statement regarding the proposal by the Commissioner General of Excise to introduce alcohol at a lower price.

The ADIC argues that the proposal aims to increase alcohol consumption among the population by reducing its price under the pretense of reducing illegal alcohol sales, thereby creating a favorable situation for alcohol companies.

The statement references the World Health Organization (WHO), which advocates for increasing taxes on alcohol and cigarettes as an effective method for controlling consumption. 

The ADIC supports this stance, asserting that raising excise taxes is a scientifically confirmed strategy to reduce alcohol consumption and minimize new alcohol users. The WHO and other research institutions have long supported this approach, it said.

Alcohol consumption has been identified as one of the four leading risk factors contributing to non-communicable diseases (NCDs), which are responsible for 8 out of 10 preventable deaths worldwide, the statement said.

In Sri Lanka, alcohol consumption claims the lives of 50 people per day, totaling nearly 20,000 deaths annually, ADIC claims.

The ADIC stresses that the role of the Commissioner General of Excise and the department should be focused on preventing harm caused by alcohol consumption. This can be achieved by properly collecting alcohol taxes and addressing the illegal alcohol trade, it said.

Furthermore, the ADIC calls on the Commissioner General of Excise to identify and remove illegally sold alcohol from the market, hold fraudulent businessmen accountable, and take proactive steps to prevent such activities in the future, the statement added.



Tags: ada deranaadaderanaadaderana.lkADICalcoholAnuraKumaraDissanayakaAragalayabreaking news in sri lankaColomboColombo Stock ExchangeConcernsCoronaCovidCricketdebt restructuringelection2024EntertainmentExciseGotabayaRajapaksaIllicitIMFIPLKusal Mendisla.adaderana.lklankan newslatest sri lankan newsLPLMahindaRajapaksaMatheesha PathirananarcoticsNPPproposalraisesRanilWickremesingeSajithPremadasaSJBSLCsri lankasri lanka business newssri lanka gossipSri Lanka gossip newssri lanka hot newssri lanka newsSri Lanka political newssri lanka sports newsSri Lanka trending newsT20I World cup 2024viral news
Previous Post

India’s defence boom in 2025: HAL, BEL among top 6 stocks analysts are bullish on! – Defensive Picks

Next Post

Bitcoin Bull Cycle Remains Far From Over Despite Price Fall, Here’s Why

Next Post
Bitcoin Bull Cycle Remains Far From Over Despite Price Fall, Here’s Why

Bitcoin Bull Cycle Remains Far From Over Despite Price Fall, Here’s Why

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

July 18, 2023
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

March 23, 2025
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

March 23, 2025
Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

March 23, 2025
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Michael Dell founded his  billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big | Fortune

Michael Dell founded his $90 billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big | Fortune

November 17, 2025
Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs

Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs

November 17, 2025
Ethereum’s Price Underperformance Contrasts With Explosive Growth In ETH’s Real Activity – See How | Bitcoinist.com

Ethereum’s Price Underperformance Contrasts With Explosive Growth In ETH’s Real Activity – See How | Bitcoinist.com

November 17, 2025
Sebi aiming to double number of equity investors in 3-5 years: Tuhin Kanta Pandey

Sebi aiming to double number of equity investors in 3-5 years: Tuhin Kanta Pandey

November 17, 2025

Recent News

Michael Dell founded his  billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big | Fortune

Michael Dell founded his $90 billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big | Fortune

November 17, 2025
Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs

Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs

November 17, 2025
Ethereum’s Price Underperformance Contrasts With Explosive Growth In ETH’s Real Activity – See How | Bitcoinist.com

Ethereum’s Price Underperformance Contrasts With Explosive Growth In ETH’s Real Activity – See How | Bitcoinist.com

November 17, 2025
Sebi aiming to double number of equity investors in 3-5 years: Tuhin Kanta Pandey

Sebi aiming to double number of equity investors in 3-5 years: Tuhin Kanta Pandey

November 17, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Michael Dell founded his  billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big | Fortune

Michael Dell founded his $90 billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big | Fortune

November 17, 2025
Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs

Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs

November 17, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.