News
Chhatisgarh takes Rs 1.1 lakh cr option to meet GST compensation shortfall
- Date:
- December 3, 2020
- Source:
- Economic Times
Chhatisgarh has become the latest state to choose Rs 1.1 lakh crore option to meet the shortfall from goods and service tax ( GST ) implementation, and will get Rs 3109 crore through special borrowing window, the finance ministry said Thursday. "On receipt of the choice of Option-1 from Chhattisgarh, the Government of India has granted additional borrowing permission of Rs.1792 crore, 0.5% o…