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GST 2.0 comes as big boon for India's artisans
The Statesman Kolkata
|November 10, 2025
The next-generation GST 2.0 rate cuts on several handicraft items from 12 per cent to 5 percent have come as a major boon for the country’s artisans, as demand for their products has gone up, leading to higher earnings and also enabling them to compete with factory-made goods.
The tax cuts have benefited artisans producing items like wood-carved products, terracotta jute handbags, textile items, and leather goods.
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