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Centre releases Rs 6,000 crore of GST compensation to 23 states, three UTs

Remaining five states do not have a gap in revenue on account of GST implementation.

GST, goods and services tax
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All states and three UTs have now opted for this special window

Indivjal Dhasmana New Delhi
The union finance ministry has released Rs 6,000 crore as weekly instalment to 23 states and three union territories with legislature to meet the goods and services tax (GST) shortfall. 

While Rs 5,516.60 crore has been released to states, Rs 483.40 given to UTs. The remaining five states -- Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim-- do not have a gap in revenue on account of GST implementation. 

All states and three UTs have now opted for this special window.

The Centre will altogether borrow Rs 1.10 trillion on this account. The amount released this week was borrowed at 4.2