Saturday, November 28, 2020

Punjab accepts Centre's borrowing option to meet GST shortfall

26 states and 3 Union Territories with Legislative Assembly (i.e. Delhi, Jammu & Kashmir and Puducherry) have decided in favour of borrowing option to meet GST shortfall. However, states like Chattisgarh and Jharkhand are yet to opt for the borrowing plan proposed by the Centre saying the central government should borrow the entire Rs 1.83 lakh crore shortfall.

from Economy-News-Economic Times https://ift.tt/3lfyRXE
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