Page 24 - NIS English 1-15 Feb, 2026
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GST Reforms Benefit


                                                             GST changes in the agriculture sector are farmer-
                                                             friendly, a step towards rural welfare and sustainability,
                 Water Reaches the                           which will reduce costs for farmers. Cooperative
                Fields, Reducing the                         societies and farmer producer organizations will also
                                                             benefit.
                 Burden for Farmers                          n GST on tractors below 1800cc has been reduced
                                                               from 12% to 5%. GST on tractor parts has also been
        PM Krishi Sinchai Yojana (PMKSY)                       reduced from 18% to 5%.
        n More than 96.97 lakh hectares of land have benefited   n GST on commercial goods vehicles has been reduced
          under the ‘Per Drop More Crop’ component of          from 28% to 18%.
          the Pradhan Mantri Krishi Sinchai Yojana. The ‘Per
          Drop More Crop’ scheme has been in effect since    n GST on processed and preserved vegetables, fruits,
          2015-16. This scheme enhances water use efficiency   and nuts has been reduced from 12% to 5%. This
          at the farm level through micro-irrigation techniques   will boost exports and strengthen India’s position as
          such as drip irrigation and sprinkler irrigation.    an agricultural export hub.
        n 63 major irrigation projects have been approved,   n GST on fertilizer inputs, i.e., ammonia, sulfuric acid,
          empowering more than 2 crore farmers with            and nitric acid, has been reduced from 18% to 5%.
          improved irrigation facilities.                      This will reduce fertilizer production costs, ensuring
                                                               the availability of affordable fertilizers.
        n The Union Cabinet has approved the Command
          Area Development and Modernization of Water
          Management as a sub-scheme of the Pradhan Mantri
          Krishi Sinchai Yojana for the period 2025-2026.

        PM-KUSUM                 34,800
        Scheme
        n The PM-KUSUM           MW of  solar capacity,
          scheme, launched      to be added with central
          in March 2019,         financial assistance of
          was extended in         Rs. 34,422 crore to be
          January 2024.         provided by March 2026.




        payment of  ₹6,000 under the PM Kisan Samman Nidhi
        scheme, disbursed in three installments, the government
        has  prioritized  empowering  farmers  rather  than  simply   Today, in the villages, the
        offering debt waivers, thus preventing them from having   Namo Drone Didis are leading
        to take on debt. In 2008, a debt waiver scheme of ₹72,000
        crore was announced for farmers, which later turned out to   the way in modern methods
        be only ₹52,000 crore. Under the PM Kisan Samman Nidhi        of  spraying fertilizers and
        scheme, by 2025, over ₹4 lakh crore has been directly trans-            pesticides.
        ferred to the bank accounts of farmers in 21 installments.
        Approximately ₹1 lakh crore of this amount reached small    Narendra Modi, Prime Minister
        farmers during the challenging times of the COVID-19 pan-


        22  NEW INDIA SAMACHAR || February 1-15, 2026
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