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June 13, 2012

UNITAID Urges India to Tax Air Tickets to Fund HIV Meds

UNITAID, a U.N. agency, is lobbying countries to tax air tickets as a way to raise funds for HIV and AIDS medications, reports Reuters. Under the program, countries add a small levy on airfare tickets, which then funds UNITAID to buy HIV drugs for people in the developing world. Ten countries have so far imposed the levy and have generated $200 million for low-cost meds. UNITAID is now asking India to join the group. Though India’s airlines are struggling under $20 billion of debt, the country has the fastest growing air passenger market of any major economy, with 61 million people traveling last year. Officials say that charging a tax of 18 cents on domestic tickets and $1 on international flights would be enough to fund low-cost drug programs.

To read the Reuters article, click here.

Search: India, UNITAID, UN, HIV, AIDS, drugs, medications, tax, levy, airfare

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