GST will help lower food inflation by 2 per cent

India has said that the implementation of the Goods and Services Tax (GST) will benefit farmers and reduce food inflation , as grain and milk would remain exempted under the new regime that would put in place a single levy instead of multiple taxes. “With the GST coming, inflation will come down by 2%,” federal farm minister Radhamohan Singh said in New Delhi. There has been no major increase in t…