Postpone the GST compensation’s expiry

With the guarantee for the compensation of GST revenue shortfalls coming to an end in June 2022, states have been asking for an extension of the safety net. Given the hit from the Covid-19 pandemic, the Centre should consider continuing the compensation. If not to the extent of14%—as was assured for the five years to June 2022 in the GST Act—the Centre must compensate states for a shortfall in rev…