In the recently introduced GST reforms, the government has shown great interest in farmers’ welfare and growth. With a vision of “Viksit Bharat 2047”, the Next Gen 2.0 GST reforms aim to support farmers and develop India into a global food basket. The reform also shared the load of manufacturers and small businesses, who received relief in production costs and addressed their problems with inverted duty structures.
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India, known as the second-largest producer of vegetables and fruits in the world, after China, relies heavily on fertilisers to sustain its agricultural output. The 2025 GST reforms marks a significant step by the government to support farmers in agriculture and food production. These measures ensure ease in input costs and boost domestic competitiveness.
