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Covid-19 crisis: Centre releases Rs 36,400-crore GST compensation to states

States have been up in arms against the Centre over the non-payment of compensation dues according to the calender

GST, TAX
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The GST Compensation of Rs 1,15,096 crore for period April-November, 2019 was released earlier, the government said

Dilasha Seth New Delhi
Ahead of the Goods and Services Tax (GST) Council meeting next week, the Centre on Thursday released compensation worth Rs 36,400 crore to states for three months up to February 2020.

The much-delayed compensation comes at a time when state finances are under severe stress due to the Covid-19 lockdown.

"Taking stock of the current situation due to Covid-19 where state governments need to undertake expenditure while their resources are adversely hit, the central government has released the GST compensation for the period between December 2019 and February 2020 on Thursday," the Ministry of Finance said in a release.

The