Sixteen states/UTs did not need GST compensation in May

As many as 16 states and Union territories, mostly smaller states except for Bihar and Odisha, did not receive any compensation when the Centre released Rs 86,912 crore in mandated relief to states for April-May 2022, along with arrears, on May 31. Sources said these states were not given any aid because no amount was due to them as per the compensation formula. The Centre had front-loaded release…