Farmer Union Demands GST Exemption and Doubling of PM-Kisan Benefits Ahead of Budget 2025-26



Quick Summary
The Bharatiya Kisan Union (BKU) has presented a list of demands to the Finance Minister ahead of the Union Budget 2025-26. Key proposals include GST exemption on essential agricultural inputs, doubling the PM-Kisan benefit to ₹12,000 annually, and reforming the Minimum Support Price (MSP) to include all risks and cover more produce. The union also called for protection against low-price imports and zero premiums for crop insurance for small farmers.

In a pre-budget consultation meeting with Finance Minister Nirmala Sitharaman on Saturday, the Bharatiya Kisan Union (BKU) (Apolitical) presented a series of demands aimed at alleviating the challenges faced by farmers. The national spokesperson, Dharmendra Malik, represented the farmers and urged the government to prioritize the agricultural sector in the Union Budget 2025-26. Key Demands by BKU GST Exemption on Essential Inputs: The BKU called for the exclusion of agricultural equipment,
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FAQ :

The BKU has demanded GST exemption on agricultural inputs, doubling the PM-Kisan benefit, reformed MSP calculations, protection against low-price imports, zero premium for crop insurance for small farmers, low-interest agricultural loans, and expansion of agricultural markets.

The BKU wants agricultural equipment, animal and poultry feed, fertilizers, seeds, and medicines to be exempted from GST.

The BKU has requested that the annual installment under the PM-Kisan scheme be doubled from ₹6,000 to ₹12,000.

The BKU wants MSP calculations to include all potential risks like post-harvest losses and natural disasters, and they propose extending MSP to fruits, vegetables, milk, and honey.

The union suggests that agricultural imports should not be allowed at prices below the MSP.

The BKU proposed waiving insurance premiums for small farmers under the Pradhan Mantri Fasal Bima Yojana.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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