States want Centre to compensate loss if petro products brought under GST

Amid an outcry over spiraling fuel prices, state governments, including those ruled by the BJP, are opposing petroleum minister  Dharmendra Pradhan’s suggestion  that petroleum products should be brought under the Goods and Service Tax (GST). States say the move would adversely impact their revenue, which has increased by almost 50% for most states in the past three years on account of h…