Pondy minister meets Sitharaman over delay in GST compensation

Puducherry Industries and Revenue Minister M O H F Shah Jahan met Union Finance Minister Nirmala Sitharaman in New Delhi on Wednesday and expressed concern over delay in release of GST compensation.

A release said Shah Jahan also pleaded for early holding of the meeting of the GST Council in which the Union Territory is a member.

According to official sources, as much as Rs 400 crore is due to the Puducherry government since August as compensation towards implementation of the GST here.

Chief Minister V Narayanasamy, who is in charge of Finance, is recuperating after a knee replacement surgery in a private hospital at Chennai last week and had deputed Shah Jahan to Delhi.

 

Narayanasamy and his cabinet colleagues have been alleging that the Union Territory was facing a precarious fiscal situation due to implementation of the GST besides, enforcement of demonetisation and non-inclusion of Puducherry in the Fifteenth Central Finance Commission.