The latest GST Council decision has brought significant relief to farmers, laborers, and the healthcare sector by reducing tax rates on essential equipment and medicines. These reforms aim to support agriculture, improve healthcare affordability, and reduce the financial burden on common citizens.


🚜 Relief for Farmers & Workers

To ease the cost of farming and agricultural operations, GST rates on important machinery have been reduced:

  • Tractors and agricultural equipment like ploughing, harvesting, and threshing machines
  • Fodder-making machines
  • Composting machines

👉 Reduced from 12% to 5%

This step will make farming equipment more affordable, thereby lowering agricultural expenses and increasing productivity.


🏥 Relief in the Health Sector

1. Life-Saving Medicines

  • 33 essential life-saving drugs have been completely exempted from GST.
  • This includes medicines used for cancer, rare diseases, and treatment of severe illnesses.

2. Other Medicines

  • Several other essential drugs and medicines
    👉 Reduced from 12% to 5%

3. Insurance Policies

  • Health Insurance and Life Insurance Policies
    👉 Reduced from 12% to 5%

🎯 Key Benefits of the Reform

✅ Farmers save money on equipment costs
✅ Patients get affordable access to essential medicines
✅ Families benefit from reduced insurance premiums
✅ A step toward strengthening agriculture and healthcare in India


💡 Conclusion

The GST reforms provide direct financial relief to farmers, laborers, and patients, while also making healthcare and farming more affordable. These measures represent a positive move toward building a self-reliant and healthier India.


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