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Agriculture Minister Says GST Reduction on Farm Equipment Will Raise Farmer Incomes
The Business Guardian
|September 08, 2025
Union Agriculture and Rural Development Minister Shivraj Singh Chouhan stated that the recent reduction in GST (Goods and Services) rates on agricultural equipment will help lower the cost of farming and boost farmers' profits.
Talking to the media in Bhopal on Saturday, Chouhan said that GST on bio-pesticides and micronutrients has been reduced, which will benefit farmers. Additionally, the trend of farmers shifting towards bio-fertilizers will likely increase.
In the dairy sector, there will now be no GST on milk and cheese. This will not only benefit the common man, but farmers, cattle breeders and milk producers will also benefit.
The minister said that the government's resolution is to reduce the cost of production in agriculture and increase production. If production increases and cost decreases, then the farmer's profit in farming will increase, he added, according to the Ministry of Agriculture & Farmers Welfare.
Bu hikaye The Business Guardian dergisinin September 08, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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