‘Prove to be a boon for farmers’: Shivraj hails GST rate cuts on agri equipment

Union minister Shivraj Singh Chouhan announced reduced GST rates on agricultural equipment and inputs, aiming to lower farming costs and boost farmer profitability. Exemptions in the dairy sector and streamlined GST refunds for exporters are also expected to benefit producers and increase demand for premium rice varieties. These reforms are projected to enhance competitiveness and ease financial burdens.

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