GST Reforms for Agricultural Machinery: Major Relief for Farmers
Union Agriculture Minister Shri Shivraj Singh Chouhan announced significant GST reforms during a meeting with agricultural machinery representatives, reducing GST rates from 12% and 18% to 5%, effective September 22. This reduction will lower the prices of various agricultural equipment, providing substantial financial relief to farmers. The government aims to ensure that these benefits reach farmers directly, minimizing the role of middlemen. Information about these changes will be communicated to farmers during the upcoming 'Viksit Krishi Sankalp Abhiyan' starting October 3.
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