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GST cuts to benefit farmers, cooperatives, rural enterprises

The Statesman Delhi

|

September 07, 2025

Major Goods and Services Tax (GST) reductions will boost cooperatives, farmers, rural enterprises and over 10 crore dairy farmers in India will benefit from it.

- STATESMAN NEWS SERVICE New Delhi, 6 September

"GST rate reductions will benefit cooperatives in farming and animal husbandry, promote sustainable farming practices, and benefit small farmers and FPOs. The #NextGenGST reforms brought under the leadership of Prime Minister Narendra Modi have been hailed by the entire dairy cooperative sector, including the big cooperative brands like AMUL," the Ministry of Cooperation said on Saturday.

In a landmark decision, Centre has announced wide-ranging reductions in Goods and Services Tax (GST) across key sectors that directly impact cooperatives, farmers, rural enterprises and benefit more than 10 crore dairy farmers in the country.

These reforms will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase income of cooperatives. It will promote rural entrepreneurship, promote cooperatives in the food processing sector and ensure affordable access to essential goods for millions of households.

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