Centre releases Rs 1,237 cr GST compensation arrears to Punjab
The Centre has released Rs 1,237 crore to Punjab as GST compensation arrears for July 2017-March 2019.
Punjab Finance Minister Manpreet Singh Badal in a letter to Finance Minister Nirmala Sitharaman said the funds came at a "crucial time" when the entire country is facing the Covid-19 crisis.
Stating that the Union Finance Minister has kept her promise of release of funds, Badal said, "In retrospect I feel that the delay has turned out to be a blessing in disguise allowing us to obtain this reserve when it would be most needed."
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