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.
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