Agriculture Minister Narendra Singh Tomar said he would join the finance minister in lowering the industrys requirement for pesticide taxes to 5% from 18% . Tomar spoke at the 11th Agrochemicals Conference 2022, organized by FICCI .
NEW DELHI: Agriculture Minister Narendra Singh Tomar told the agro-chemicals industry on Thursday that he would join the finance minister in lowering the industry's requirement for pesticide taxes to 5% from 18%.The minister spoke at the 11th Agrochemicals Conference 2022, organized by FICCI, and stressed the importance of crop diversification and said that farmers should cultivate more horticulture and costly crops.Tomar said that the GST Council is considering the industry's proposal to reduce the GST on pesticides.I will meet and inform the Finance Minister of your intention, he said.The minister was responding to FICCI Crop Protection Committee Chairman R G Agarwal's appeal that the GST be reduced to 5 percent from 18%, as it is with fertilisers.This will lower the cost of crop-protection agents and encourage the use of them.Tomar also focused on making agriculture more profitable by increasing production and crop production, as well as lowering input costs and post-harvest crop losses.In the eight years, the Centre has launched several initiatives to strengthen the agriculture sector and double the farmer's income, he said. He said that the government is on the verge of establishing 10,000 FPOs (farmers product associations) to increase the income of the farming population.The country is self-sufficient in foodgrains production, according to the minister, while the government is working to improve oilseed and pulese production in a mission mode.To improve crop yield, he discussed the importance of conducting field research in the agriculture industry in the area of new seed varieties.Talking about fertilisers and pesticides, Tomar said that it is important to encourage a consistent use of these crop protection products. Tomar believes that the government and the industry should collaborate to inform small and marginal farmers about the benefits of agrochemicals.According to the minister, Krishi Vigyan Kendras (KVKs) are progressing in this direction, but that is to be followed by concerted efforts.