Now Jharkhand also opts for the special window for GST compensation

With this, all states and 3 UTs choose the window set up by the Centre to borrow on behalf of states the shortfall arising out of GST implementation

All the states have now opted for the special window for the goods and services tax (GST) compensation with Jharkhand also choosing that option. All the three union territories with legislatures which are part of the GST Council have already chosen the window.

The Centre has set up the window to borrow on behalf of states the shortfall arising out of the GST implementation. The window has been operationalised since October 23 and the Centre has borrowed an amount of Rs 30,000 crore on behalf of the states in five instalments and passed it onto the states and union territories.

Now Jharkhand