"The revised GST rates will help increase farmers' incomes"

Welfare of farmers remains the top priority of the central government, as relentless efforts are being made to make farming easier, reduce production costs, and increase farmers’ profits.

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Transforming the lives of farmers and making agriculture a pillar of national prosperity is not just Prime Minister Shri Narendra Modi’s goal - it is his unwavering resolve. Every decision, every reform under his leadership, places the farmer at the heart of India’s growth story. The recent revisions in GST rates are a shining reflection of this vision. The ‘Next Generation Reform in GST’, announced by the Prime Minister from the Red Fort on Independence Day, is now taking shape as the foundation of a new, self-reliant and prosperous India.

Keeping the interests of farmers and the common people foremost, the government has made sweeping reductions in GST rates - reforms that will energise India’s agricultural system and power the progress of farmers. These are not abstract changes in policy; they touch the very soil farmers till every day. Over 10 crore small and marginal farmers will benefit directly. Earlier, agricultural equipment attracted GST rates as high as 18%; now it has been slashed to just 5%, ensuring direct savings of thousands of rupees for every farmer.