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Availability is strong in metro paan shops, modern trade, and platforms like Swiggy Instamart and Zepto, especially in larger cities. Gold Flake (ITC) Kings and smooth capsule blends Gold Flake is one of Indias most established cigarette names, and its Kings and Premium lines have been extended into smoother and sometimes capsule-style variants to cater to menthol and light-flavour preferences

In this study, we use cigarette price lagged by one, two and three years as the instrumental variables for the current cigarette price

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