Implication of GST on Indian agriculture and agricultural marketing

Agriculture is the root of the Indian economy and government has always kept it as its top priority. Good and Services Tax (GST) was envisaged to have a simple harmonized tax structure with operational ease leading to a single unified market at national level for goods and services. It is expected that after the implementation of the GST, the prices of the agricultural products will rise but the products will be able to reach places in a better way. The implementation of GST will also favor the National Agricultural Market on merging all the different taxation on agricultural products. The ease of transportation of the agricultural product will improve the marketing and virtual market growth. The underlying principle in both the initiatives is to have a national market facilitating trade and transparency.