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India cuts GST on dairy products to 5%, aiming to boost consumption and farmers' incomes.
The Indian government has reduced the Goods and Services Tax (GST) rate on dairy products from 12% to 5%, a move welcomed by major dairy cooperatives like Amul and Mother Dairy.
The reduction is expected to increase consumption of milk and dairy products, boost affordability, and enhance farmers' incomes.
Industry leaders believe the lower prices will attract more consumers and encourage wider adoption of packaged, value-added dairy products.
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India reduce el GST en productos lácteos al 5%, con el objetivo de impulsar el consumo y los ingresos de los agricultores.