Milky Mist welcomes GST cut on dairy products, to benefit consumers farmers

Chennai, Sept. 4 -- Leading Dairy Food products maker Milky Mist Dairytoday welcomed reduction of GST on a wide range of dairy products to 5%which would have far reaching benefits for consumers, farmers and the dairyindustry at large.

It was timely boost that would stimulate demand, encourage innovation andserve as a catalyst for inclusive growth.

In a statement here, reacting to the GST rate cut announced by the unionFinance Minister Ms Nirmala Sitharaman, Dr K Rathnam, CEO of MilkyMist Dairy, said "We welcome the Government of India's decision to reducethe Goods and Services Tax (GST) on a wide range of dairy products to 5%- a reform that will have far-reaching benefits for consumers, farmers, andthe dairy industry at large."For househo...