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Key Points

The government's GST reduction on agricultural machinery is providing significant financial relief to farmers across India. Union Minister Shivraj Singh Chouhan highlighted that farmers can save between Rs 23,000 to Rs 65,000 on tractor purchases depending on the size. The government has also increased Minimum Support Prices for Rabi crops, ensuring better returns for farmers' produce. These measures are part of broader farmer welfare initiatives that include direct benefit transfers through the PM-KISAN scheme.

Key Points: Shivraj Singh Chouhan Says GST Cuts Give Farmers Big Relief

  • Farmers save Rs 23,000 on small tractors with new GST rates
  • Larger tractors see savings of approximately Rs 65,000 per unit
  • MSP increased for Rabi crops with 109% margin for wheat
  • PM-KISAN scheme transferred Rs 3.9 lakh crore to farmers via DBT
2 min read

New GST rates giving big relief to farmers: Union Minister Shivraj Singh Chouhan

Union Minister Chouhan reveals farmers saving up to Rs 65,000 on tractors after GST reduction, praises Modi's farmer welfare initiatives and increased MSP for Rabi crops.

"Just now, after reducing the GST on agricultural machines, a big relief to farmers has been given - Shivraj Singh Chouhan"

New Delhi, October 11

The reduction of the Goods and Services Tax (GST) slabs has given huge relief to farmers, Union Minister Shivraj Singh Chouhan said on Saturday, highlighting that farmers are saving a decent amount in agricultural equipment, including tractors.

"Just now, after reducing the GST on agricultural machines, a big relief to farmers has been given; around Rs 23,000 will be saved on small tractors. For a 35-hp tractor, approximately Rs 43,000 will be saved. For larger tractors, approximately Rs 65,000 will be saved. Different equipment has been made cheaper", the Union Agriculture and Farmers Welfare Minister said while addressing a program at the Indian Agricultural Research Institute in New Delhi.

The Union Minister further praised Prime Minister Narendra Modi for keeping farmers' welfare at the forefront, and remembered the government's uncompromising stance on protecting farmers' welfare amid tariffs from the United States.

"Prime Minister, we thank you for keeping farmers' welfare at the top. That is why you had announced from this stage itself that there will be no compromise on the interest of farmers", the Union Agriculture and Farmers Welfare Minister said during the program.

Further highlighting the Centre's initiative to increase Minimum Support Price (MSP) for Rabi crops, with the sowing season starting, Chouhan said, "By increasing the MSP, the Prime Minister has ensured that farmers get the right and full price for their produce. We are thankful to the PM because under the PM-KISAN Samman Nidhi, so far Rs 3 lakh 90,000 crore has been deposited in the accounts of farmers through DBT (Direct Benefit Transfer)."

The Central government has approved the MSP for Rabi Marketing Season (RMS) 2026-27, with procurement estimated at 297 Lakh Metric Tonnes (LMT), and farmers to receive about Rs 84,263 crore at MSP, according to an official statement from the government on Friday.

The RMS 2026-27, margins over the cost of production peak at 109 per cent for wheat. Notably, over 100 per cent production of tur (arhar), urad, masoor will be procured upto 2028-29, with 2.46 LMT tur already procured by March, 2025.

While the farmers work tirelessly in their fields, uncertainties in weather and markets can wipe out their gains, including through unseasonal rains, droughts, or floods. Additionally, volatile market prices can push farmers into distress sales, forcing them to sell at rates far below the cost of production.

- ANI

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Reader Comments

S
Sarah B
While the GST reduction is welcome, I hope the government also focuses on improving rural infrastructure and ensuring timely payments to farmers. The savings are good but consistent income is better.
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Priya S
MSP increase and GST relief together will make a real difference! My father is a wheat farmer in MP and these initiatives will help him plan better for the rabi season. Jai Kisan! 🌾
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Aman W
Good step but implementation is key. Hope these benefits actually reach small and marginal farmers, not just the big ones. Many farmers still struggle with loans and input costs.
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Michael C
The 109% margin over production cost for wheat is impressive! This shows the government is serious about farmer welfare. The PM-KISAN scheme has already helped millions of families.
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Nisha Z
As someone from a farming family in Karnataka, I appreciate these measures. The tractor savings are substantial, but we also need better cold storage facilities and market access to prevent distress sales during bumper crops.

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