 "GST, goods and service tax")
Senior central government officials held a meeting on Tuesday with finance secretaries of states to clarify the two borrowing options given to them to make up for the goods and services tax (GST) compensation shortfall, Business Standard has learnt.
The states were informed that if they take the option of borrowing Rs 97,000 crore under a special window, they will still get Rs 2.35 trillion minus Rs 97,000 crore from the compensation cess. The states were also told that in case of the second option of borrowing Rs 2.35 trillion through state development loans, the states will be given an unconditional
