The Punjab Finance Minister Mr. Badal said that Punjab has been hit by delay in release of its GST compensation. “In the first two years of implementation, bimonthly release of GST compensation by the Central government to the States had been adversely affecting their ability to meet their committed and regular outflows,” said Mr. Badal. “The non-release of the bimonthly GST compensation to the State even after the expiry of 4 months is severely affecting the State’s fiscal management cycle,” he added.
