GST growth of 5.5% pulls economy down

The data released by GST website shows that Tamil Nadu had the lowest growth among industrial states in the last financial year. It is at 5.48%, which is significantly lower than the national average of 7.17%. The total GST revenue of Tamil Nadu state in 2019-20 was Rs74,430.43crore compared to Rs70,562.21 crore in 2018-19.

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