Centre’s positive response awaited on GST cut for copper sulphate, says Sadananda Gowda
Former Union Minister D.V. Sadananda Gowda is advocating for a reduction in GST on copper sulphate from 18% to 5% to support arecanut farmers. He also called for stricter quality testing at ports to prevent the import of inferior-quality arecanut.
Why it matters
This highlights the ongoing economic challenges faced by the agricultural sector and the role of cooperatives in price stabilization and market competition.
Former Union Minister D.V. Sadananda Gowda on Saturday said a positive response from the Union Finance Ministry was expected to a request from farmers in Karnataka to reduce the goods and services tax (GST) on copper sulphate, a fungicide used mainly in arecanut farms, from 18% to 5%.
Speaking at the foundation day of Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (CAMPCO) and the birth centenary celebrations of its founding president, Varanashi Subraya Bhat, held at the CAMPCO headquarters here, Mr. Gowda said the demand was recently made to Union Finance Minister Nirmala Sitharaman.
The former Karnataka Chief Minister said CAMPCO and similar organisations should ensure that a detailed study report by accredited research institutes on the non-carcinogenic nature of arecanut was submitted to the Centre.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in