GST revenue shortfall: Chhattisgarh opts for govt's borrowing option

Congress-ruled Chhattisgarh has become the latest state to accept the central government’s offer to borrow Rs 1.1 lakh crore on behalf of state administrations to meet a Rs 2.35 lakh crore shortfall in their share of revenue from the Goods and Services Tax (GST) this fiscal year, largely on account of the pandemic.

from Hindustan Times - india https://ift.tt/39HTrh4

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