Lower tax on farm inputs to boost income

Millers seek tax waiver for flour and wheat products

- SANDIP DAS

The abolition or reduction of GST on a range of items including fertilisers, agrochemicals, farm machinery, food processing equipment, drip irrigation systems, sprinklers, specified bio-pesticides and micro-nutrients will ease farm input costs, boost mechanisation, reduce prices and accelerate adoption of sustainable practices, experts say.

"We believe that lowering input costs will increase accessibility of quality crop protection solutions, thereby aiding farmers to enhance crop yield, boost their incomes and stabilise the food supply," Sunik Kataria, CEO & MD, Godrej Agrovet, said.