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Mango exports break all record this year 2018

The country has exported around 1,190 tonne of mangoes to the United States of America (USA) this season — an all time high. The Countrys mango  export to the US recorded a rise of 11% as compared to the last year’s figure of 1,072 tonne. However, the exporters had projected around 30% rise in figures, but the recent farmers’ strike affected the supply of mangoes drastically. Source: Times of india

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Government to offer incentive on exports of milk products

The government is considering incentivising exports of milk products, adding milk to mid-day meal rations as well as reducing GST and increasing import duty on certain products as it seeks ways to ensure better returns for dairy farmers. On Tuesday, the Centre convened a high-level inter-ministerial meeting under transport minister Nitin Gadkari to discuss these measures, even as a strike by dairy farmers in Maharashtra continued for the second day. Railway minister Piyush Goyal, who also holds the finance and coal portfolios, Amul managing director RS Sodhi, Maharashtra State Commission […]

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No GST on support services to farmers: Finance Ministry

The finance ministry today clarified that renting or leasing of land by farmers for agriculture, forestry, fishing or animal husbandry is exempt from the GST. Clarifying on the applicability of GST on farmers, the ministry said support services to agriculture, forestry, fishing or animal husbandry are exempt from the Goods and Services Tax (GST). Exempted support services to agriculture include renting or leasing of vacant land with or without a structure incidental to its use Thus, renting or leasing of land by farmers for agriculture, forestry, fishing or animal husbandry […]

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