07-September-2025
Economy News
 
Lower tax on farm inputs to boost incomes, crop yield
05-Sep-2025

The abolition or reduction of GST on range of items including fertilisers, agro-chemicals, farm machinery, food processing equipments, drip irrigation systems, sprinklers, specified bio-pesticides and micro nutrients will ease farm input costs, boost mechanisation, reduce prices and accelerate adoption of sustainable practices, experts say. “We believe that lowering of input costs will increase accessibility of quality crop protection solutions thereby aiding farmers to enhance crop yield, boost their incomes and stabilise the food supply,” Sunik Kataria, CEO & MD, Godrej Agrovet, said.

News Source:- https://www.financialexpress.com/policy/economy/lower-tax-on-farm-inputs-to-boost-incomes-crop-yield/3967418/