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Low farming cost after GST cuts on fertilisers: Nadda
Financial Express Chennai
|December 06, 2025
THE GOVERNMENT'S DECISION on September 22, to reduce GST on micronutrient fertilisers from 12% to 5% has lowered production costs for small and marginal farmers, who are particularly sensitive to price fluctuations, Fertiliser Minister JP Nadda said in Parliament on Friday.
Stating that lower input costs have encouraged farmers to apply the recommended doses of micronutrients, Nadda said, “As per Indian micro-fertilizers manufacturers association, due to reduction of GST from 12% to 5%, savings would be of $140 per acre in paddy, ₹199 per acr
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