What is the importance of removing GST on agriculture equipment and inputs
Examine the demand made by the RSS farmers group to remove GST on agriculture equipment and inputs.
- Reduced financial burden: Removal of GST on agriculture equipment and inputs would lower the cost for farmers, making agricultural practices more affordable.
- Promotion of modern farming techniques: Farmers would be encouraged to adopt advanced machinery and technologies, leading to increased productivity and efficiency in the agricultural sector.
- Boost to rural economy: Lower input costs would benefit small-scale farmers and contribute to the overall growth of the rural economy.
- Enhanced competitiveness: Price competitiveness of agricultural products in the market would improve as a result of reduced production costs for farmers.
- Support for sustainable farming: Access to cheaper equipment and inputs could promote sustainable farming practices, benefiting both farmers and the environment.
Answered
6 months ago