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GST will make Maha first self-sufficient state: Kesarkar

Press Trust of India  |  Mumbai 

The Goods and Services (GST), introduced by the Centre last year, will make the nation's first self-sufficient state, of State for Finance said today in the

He was replying to a discussion on the budget, tabled in both Houses of the legislature on March 9, in the Upper House.

"When there has been a decrease in revenue, the has taken steps to increase production. The product rate of the state has remained consistent at 18.5 per cent.

"The GST will make the country's first self-sufficient state," Kesarkar said.

Replying to queries posed by the Opposition, Kesarkar said the is working on ways to increase tourism in district and in the next five months, an airport will commence operations there.

To another query, he said the grants received by from the Centre has not dropped.

In 2017-18, the state received Rs 37,203 crore and in 2018-19, it will get Rs 43,514 crore from the Centre, the added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 15 2018. 00:10 IST