The GST reforms are projected to benefit agriculture-driven sectors such as dairy and fertilisers.
Lower tax burdens aim to reduce production costs, boosting margins for farmers and cooperatives.
Cheaper inputs translate into more affordable consumer prices, directly improving rural affordab
ility.
The Ministry of Cooperation anticipates a positive impact on farmers’ incomes and sector buoyancy.
Increased affordability can catalyze demand in both urban and rural markets.
Dairy producers and fertiliser makers may find renewed momentum from the ref
orm ripple effect.
Enhanced sector stability can spur rural consumption and cash flow throughout the supply chain.
This could also strengthen rural credit cycles, encouraging further investment.
The policy reflects the government’s intent to blend tax reform with inclusive
economic growth.
Outcomes depend largely on effective rollout and stakeholder awareness in rural markets.