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HomeGST NEWS13 States OptFor Centre's "Borrow" Plan Amid GST Compensation Row

13 States OptFor Centre’s “Borrow” Plan Amid GST Compensation Row

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According to sources from Finance Ministry, thirteen states have agreed for the borrowing option to meet shortfall in GST compensation. Goa, Assam, Arunachal Pradesh, Nagaland, Mizoram and Himachal Pradesh – will give their option in a day or two. States opted for option 1 are re Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Meghalaya, Sikkim, Tripura, Uttar Pradesh, Uttarakhand and Odisha. The state of Manipur has opted for Option 2 only.

https://www.ndtv.com/india-news/13-states-opt-for-centres-borrow-plan-amid-gst-compensation-row-2294820

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