Try GOLD - Free

Agriculture needs more automation

Business Standard

|

October 27, 2025

‘The decline in the prices of agricultural machinery, thanks to the recent cut in goods and services tax (GST) from 12-18 per cent to 5 per cent, is expected to impart the much-needed impetus to mechanisation in Indian agriculture.

Doing field work mechanically, rather than manually, is warranted not merely to lessen dependence on human labour, which is turning scarce due to unabated migration from rural areas, but more so to ensure greater precision in farm operations to boost productivity and profitability. It also mitigates drudgery in farm work, which is driving the rural youth away from farming.

‘According to industry sources, the prices of tractors have plummeted by 40,000 to %60,000, depending on the horsepower range, as a result of lower GST. Power tillers have become cheaper by nearly 12,000. The machines being promoted to reduce the menace of stubble burning, such as the straw reaper, superseeder, and Happy seeder, have seen price cuts ranging from %10,000 to 220,000. The biggest fall — of over 1,872,000 — is in the cost of large-sized harvester-combines, used mostly by service providers for harvesting wheat and paddy.

MORE STORIES FROM Business Standard

Business Standard

Business Standard

US move on Venezuela oil lifts RIL, ONGC prospects

Indian oil majors, primarily Reliance Industries Ltd (RIL) and ONGC Ltd, could see a revival in business ties with Venezuela after the US pushed for control of the South American nation’s oil sector fol-

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

US Supreme Court increasingly favours the rich: Ivy League varsities

Supreme Court justices take two oaths.

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

NIMs stable, liquidity challenge looms

‘The past year was marked by large foreign investment in the banking sector, policy rate cuts by the Reserve Bank of India (RBI) that compressed banks’ margins, stress in the microfinance segment, and muted credit growth.

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

Reimport after 1 yr: Need permission under notification 45/2017-Cus

We had exported our manufactured goods by availing duty drawback and Rodtep.

time to read

2 mins

January 06, 2026

Business Standard

Banks see strong deposit growth in Q3 outpaced by rapid credit expansion

HDFC Bank's C/D ratio surges to 99.5%

time to read

3 mins

January 06, 2026

Business Standard

Business Standard

Trump warns India of even higher tariffs over Russia oil

United States President Donald Trump has warned that Washington could raise further tariffs on Indian exports if New Delhi does not stop buying Russian oil, adding fresh uncertainty to efforts to strike a trade deal between the two countries.

time to read

3 mins

January 06, 2026

Business Standard

Business Standard

Caracas softens stance after Trump’s threat

Maduro appears in NYC court; US Prez says Cuba govt ‘looks ready to fall’

time to read

2 mins

January 06, 2026

Business Standard

Business Standard

Adani Power gets relief as SC nixes SEZ electricity duty

Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power’s appeal against a 2019 judgment of the Gujarat High Court.

time to read

2 mins

January 06, 2026

Business Standard

Export promotion

Market access schemes need to be backed by a coherent strategy

time to read

2 mins

January 06, 2026

Business Standard

Banks see strong deposit growth in Q3, outpaced by rapid credit expansion

On the rise

time to read

3 mins

January 06, 2026

Listen

Translate

Share

-
+

Change font size