What are the consequences of the government's decision to prohibit the import of cigarette lighters under ₹20

The government has recently banned the import of cigarette lighters that are priced under ₹20. Discuss the potential impacts of this decision.
The decision to prohibit the import of cigarette lighters under ₹20 by the government can have several consequences: 1. Reduced availability: As a result of the ban, there may be a decrease in the availability of cheap cigarette lighters in the market. Smokers who rely on these affordable options may have difficulty finding suitable alternatives. 2. Increased prices: With a limited supply of cheaper alternatives, the remaining lighters in the market may see a price increase. This can affect consumers who are price-sensitive and may lead to higher costs for smoking-related products. 3. Counterfeit market: The ban could potentially fuel the growth of a counterfeit market for cheap lighters, as individuals seek to meet the demand for affordable options. This can have negative implications for safety, as counterfeit lighters may not meet quality standards and pose risks to users. 4. Behavioral change: Some smokers may consider quitting or reducing their cigarette consumption if they face difficulties in acquiring inexpensive lighters. This could lead to positive health effects, reducing smoking-related diseases and healthcare costs. Overall, the ban on importing cigarette lighters under ₹20 may have mixed consequences, affecting availability, pricing, and potentially influencing consumer behavior.
Answered a year ago
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