The Goods and Services Tax (GST) Council has decided to reduce the GST rate on prepackaged and labeled millet flour to 5% from the current 18% for 70% millet flour.
The Goods and Services Tax (GST) Council has decided to reduce the GST rate on pre-packaged and labeled millet flour to 5 percent from the existing 18 percent during the Council meeting on October 9, 2023. It has been considered that millet flour sold in loose form is exempted from GST.
Nutritional value of millet
The government’s main objective in reducing the GST rate on millet flour preparations is to increase the access of common citizens to these nutritious food items. Millet flour is known for its nutritional value and health benefits which has gained great popularity among health conscious consumers in India.
Millets are also an excellent source of nutrients that can lower high blood sugar levels. They are considered a powerhouse of nutrients that can manage diabetes and are also beneficial for the heart.
Sorghum growth pattern
Due to millet’s short growing season, millet can grow from seed to harvest-ready crops in just 60 – 70 days. This highly beneficial feature of millet is of great importance in densely populated areas and if properly stored, millet can keep well for two years or more.
The long and easy storage of millets under normal conditions has given them this status. Famine ReserveWhich makes it all the more important for a country like India where agriculture is exposed to unpredictable changes in monsoons.
First Published: 08 Oct 2023, 14:36 IST
Show your support for agrijournalism.
Dear Patron, Thank you for being our reader. Readers like you are our inspiration to advance agri-journalism. We need your support to continue delivering quality agri journalism and reach farmers and people in every corner of rural India.
Every contribution is valuable for our future.