Search

After years of discussion, debate and arguments GST finally got implemented in India. GST is a tax collected on manufacture, sales and consumption of goods and services at a National level. Implementation of GST impacted every sector of the Indian Economy, especially the agricultural sector and the people whose livelihood are dependent of the sector. Agricultural sector holds approximately 16% of the total GDP of India and around 60% of population is employed by the Agricultural sector. Agri inputs are most important for agriculture and their supply on time is very important for increasing crop productivity. These includes products like pesticides, fertilizers etc. The change in tax regime has resulted in changes in price structure of products used in agriculture, inputs, imports and exports and manufacturer and dealer margin. It has relieved farmers to some extent but also put them into mild pressure which we will see. [ABSTRACT FROM AUTHOR]