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States seek 7 days on options as Centre says GST collection impacted
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Centre gives states two options to meet GST compensation cess shortfall

States given two options to borrow: Rs 97,000 crore or Rs 2.35 trillion, burden of repayment on extension of cess period

Topics
Centre | Market borrowings | GST

Dilasha Seth & Indivjal Dhasmana  |  New Delhi 



Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said the Centre would facilitate the borrowing, by talking to the RBI | Photo: PTI

The on Thursday offered two options to states to compensate them amid inadequate cess collections under the goods and services tax (GST) regime.

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First Published: Thu, August 27 2020. 18:03 IST

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