From Pashmina to Apricots: GST reforms to boost Ladakh's economy
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New Delhi [India], October 22 (ANI): The sweeping GST rationalisation reforms that took effect this Navratri have benefits for all walks of people in some form or the other.
The recent GST reduction across a wide variety of products and services will, similar to other states and UTs, also impact Ladakh's rich economy, bringing relief to artisans, farmers, and small enterprises.
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Together, these reforms will support livelihood generation, cultural preservation, and the sustainable growth of Ladakh's economy.
A minimum 5 per cent GST on Pashmina, Namda rugs, and woodcrafts will help over 10,000 artisans.
Dairy and organic farming see better earnings and competitiveness through reduced GST; over 6,000 farming families engaged in apricot cultivation to benefit from the GST reforms.
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A reduced 5 per cent GST on hotel tariffs
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