The Centre had offered to all states two options – Rs 97,000 crore and Rs 2.35 lakh crore – with different set of conditions for each to meet the GST compensation shortfall. The Centre sweetened the first option by increasing the borrowing limit to Rs 1.1 lakh crore and agreed to borrow the amount and transfer to the states as loans on a back to back basis.from Economy-News-Economic Times https://ift.tt/3g6ua19
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