Centre releases ₹17,000 crore GST compensation to States; total ₹1.15 lakh crore released this fiscal

The Central government has released ₹17,000 crore to States towards balance GST compensation, taking the total amount released so far this fiscal to over ₹1.15 lakh crore, the Finance Ministry said on Friday. "With this release, the Centre has released, in advance, the entire amount of Cess estimated to be collected this year till March-end available for payment of compensation to States," th…