Agri Minister Chouhan Chairs Meeting on GST Reforms for Farm Machinery
Shivraj Singh Chouhan, the Union Minister for Agriculture and Farmers’ Welfare and Rural Development, chaired a key meeting to discuss the latest GST reforms for agricultural machinery on Friday in New Delhi.
Among those present in the meeting were representatives from the Tractor and Mechanisation Association (TMA), Agricultural Machinery Manufacturers Association (AMMA), All India Combine Manufacturers Association (AICMA and Power Tiller Association of India (PTAI), among others, who participated both in person and virtually.
Speaking to media persons after the meeting, Chouhan thanked Prime Minister Narendra Modi for the GST rate cuts and shared the details of the discussions. He stated that the GST on agricultural machinery, previously at 12% and 18%, has now been reduced to 5%, effective from September 22.
This reduction will directly benefit farmers, the union minister said. He stressed that the Central Government has pledged to ensure an increase in farmers’ incomes, which requires both raising productivity and reducing costs, and mechanisation is vital to achieving both.
