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Centre frontloads Rs 75,000 crore to states as GST compensation

Move to help state govts spur capex amid pandemic

Topics
Goods and Services Tax | GST compensation | Shortfall in GST Revenues

Dilasha Seth  |  New Delhi 



Goods and services tax, gst
The remaining amount will be released to states in the second half of the fiscal year in steady instalments

In a bid to spur spending by states amid the Covid-19 pandemic, the Centre on Thursday released as compensation nearly half of the estimated (GST) shortfall for the current fiscal year under the back-to-back loan facility.

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First Published: Thu, July 15 2021. 23:02 IST

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