Centre releases balance Rs 44,000 crore to states to meet GST compensation shortfall

The government had released Rs 75,000 crore in July and Rs 40,000 crore earlier this month, as back-to-back loan in-lieu of GST compensation shortfall, amid the Covid 19 pandemic that had severely affected revenue generation and in turn capital expenditure for states.

from Economy-News-Economic Times https://ift.tt/3EsoDge