GST compensation to states to see shortfall of Rs 15,000-25,000 crore in FY20: ICRA

Credit Rating Agency ICRA has said there could be a shortfall of around Rs 15,000-25,000 crore in GST Compensation Fund to states in FY20. States' requirement of GST compensation for the October 2019-January 2020 period is pegged at Rs 60,000-70,000 crore. In the current fiscal, the Centre has already released Rs 1 lakh crore worth compensation for the February-September 2019 period. ICRA says the…