GST support: Some states get central compensation despite revenue growth

The formula for compensating the state governments for their goods and services tax (GST) revenue shortfall is proving to be quite liberal, with many states that have reported big jumps in revenue growth this fiscal continuing to be eligible for the succour. Bihar’s monthly average GST collection grew nearly 50% year-on-year this fiscal but it has still received a compensation of about `2,000 cror…