In July, the goods and services tax (GST) was rolled out to a mixed reception. Its objective is to prevent cascading of taxes and avoid built-in taxes — for example, excise duty at the factory gate, duty on equipment used by telecom companies, etc — thereby lowering retail prices and increasing tax revenue by more voluntary compliance.
If it proves effective, there is an anticipated increase in GDP by 2%. But the implementation of GST has not gone down well with everyone as the initial impact on the market has been an increase in the prices of goods and services. It is also because taxes have become more visible, as compared to earlier when they were hidden and built into the price itself.
What was visible earlier was a value-added tax (VAT) imposed by states at the retail level or the service tax imposed by the Centre. The new 5%, 12%, 18% and 28% tax based on categories divided into essentials, necessities and luxuries has also left the public confused.
But if anyone has been particularly hurt by GST, the differently-abled are facing a double blow. With 5% GST being imposed on disability equipment, the message sent out is not one of inclusion. Unfortunately, this notion of economic ‘demands and costs’ associated with disability is rooted in the misconceived perception that the disabled cannot contribute economically and socially.
To nurture such ideas is in conflict not only with reality but also with the UN Convention on the Rights of Persons with Disabilities (UNCRPD), the Right to Persons with Disabilities (RPWD) Act 2016, and all other steps taken to spread awareness and bring about change in the way society views the differently abled.
To impose GST on wheelchairs and Braille paper is literally taxing the disabled person for trying to overcome his or her disability, in this case, the inability to walk and read. This is not justifiable and nullifies all the provisions, rules and guidelines envisioned within the RPWD Act 2016 that was cleared by the government in December 2016.
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A new study by the company titled 'Prothrombin Complex Concentrates Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028', has listed out the key points being considered by the companies operating in the prothrombin complex concentrates market to emerge and stay sustainably profitable in the long run.
North America and Western Europe are expected to be dominant markets for prothrombin complex concentrates, as most of the manufacturing facilities of prothrombin complex concentrates are located in these regions.
Direct healthcare costs including drug and hospital costs in Europe are approximately US$ 400,000 for prothrombin complex concentrates, whereas for warfarin withdrawal therapy, it was approximated US$ 1,200,000.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-7032Manufacturers tend to depend on plasma as a primary precursor to manufacture prothrombin complex concentrates, and in the past, they relied on third-party sources for plasma.
The key players operating in the market, such as CSL Behring & Shire, have scaled up their focus on depending on their own sources for plasma.Compound pharmacies, retail pharmacies, and hospital pharmacies distributing prothrombin complex concentrates are the primary point of contact for patients experiencing hemophilia B and other disorders.
The growing demand for cost-effective diagnostic options is also expected to propel the growth of the global prothrombin complex concentrates market over the forecast period.The manufacturers of prothrombin complex concentrates are particularly focusing on acquisitions, collaborations, and opening plasma banks, where joint collaboration with various organizations is the prime activity to spread awareness regarding the efficiency of prothrombin complex concentrates.
The global Halal Nutraceuticals & Vaccines Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the halal nutraceuticals & vaccines market include Abbott Laboratories, Amway, AJ Biologics Sdn Bhd., Agropur, Inc., Chemical Company of Malaysia Berhad, PT Kalbe Farma Tbk, Kotra Pharma (M) Sdn Bhd, and NoorVitamins.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Halal Nutraceuticals & Vaccines Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/halal-nutraceuticals-vaccines-market/download-sampleMarket DynamicsThe key factor driving its market globally is accelerated demand for such products, particularly among the Muslim population worldwide.
Besides, the government provides financial support and special incentives, necessary infrastructure, and administrative support, and adopting a uniform certification process positively impacts its market growth.
The newly introduced concept of allelopathy, which is a blend of modern science and religion and emphasizes the purity of ingredients used in the products, will help halal nutraceuticals and vaccine market expand further.
Market AnalysisThe global narcolepsy market is likely to grow at an 8.2% CAGR between 2017- 2023, according to the recent Market Research Future (MRFR) report.
It is characterized by automatic behaviors, cataplexy, excessive day time sleepiness, sleep paralysis, hallucination, and excessive sleepiness.
This disorder is caused by the lack of orexin, a brain chemical that regulates sleep.
Request Sample Copy:https://www.marketresearchfuture.com/sample_request/5701Various factors are adding to the global narcolepsy market share.
These factors, as per the new MRFR report, include favorable reimbursement policies, increase in healthcare expenditure, increase in research and development activities for finding a cure for narcolepsy, extensive efforts undertaken by non-government and government organizations to spread awareness about narcolepsy, and growing demand for advanced therapies for sleeping disorders.
The stimulants segment is again segmented into armodafinil, modafinil, and others.
Retail Paper Bags Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the retail paper bags market include Attwoods Packaging Company, Mondi Group, Smurfit Kappa Group, El Dorado Packaging, Inc., and International Paper Company.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Retail Paper Bags Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/retail-paper-bags-market/download-sampleMarket DynamicsRetail paper bags is a promising market.
In recent years, the use of retail paper bags has increased due to environmental concerns.
Companies and leading retail players prefer paper bags to inspire people to use paper-based and recyclable packaging.
