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Chhattisgarh, Punjab to opt for centre's borrowing option on GST shortfall

This leaves Jharkhand as the odd one out

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After being on the fence, Kerala and West Bengal will get Rs 10,197 crore through a special borrowing window to meet the GST implementation shortfall

Dilasha Seth Indivjal Dhasmana New Delhi

3 min read Last Updated : Nov 26 2020 | 10:57 PM IST

Chhattisgarh and Punjab are in the process of writing to the Centre, accepting the special window for the goods and services tax (GST) compensation after the Union government had agreed to borrow on behalf of states. This leaves Jharkhand as the odd one out. The Hemant Soren-led state has, so far, not agreed to any of the Centre's borrowing options devised to address the GST compensation shortfall.

After being on the fence, Kerala and West Bengal will get Rs 10,197 crore through a special borrowing window to meet the GST implementation shortfall.

"All the dissenting or opposing states, including West

Topics : Goods and Services Tax Shortfall in GST Revenues GST revenues State borrowing Chattisgarh Punjab

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