According to the Union Budget 2021 - 22, Finance Minister proposed a new levy Agriculture Infrastructure and Development Cess. This cess will be levied on how many products ?

In the Union Budget 2021-22, the Finance Minister introduced the Agriculture Infrastructure and Development Cess (AIDC) to raise resources for improving agricultural infrastructure. The cess was proposed to be levied on 25 products. These include items such as petrol, diesel, gold, silver, alcoholic beverages, crude palm oil, apples, and various pulses (e.g., Kabuli chana, lentils). To prevent an increase in the price for consumers, the government reduced the Basic Customs Duty (BCD) and Basic Excise Duty (BED) on these items by a corresponding amount. The revenue collected through this cess is earmarked for the Agriculture Infrastructure Fund to boost production and post-harvest infrastructure.