Why States' Battle for GST Compensation Is More Important Than Ever

The Wire

The estimated  Rs 30,000 crore shortfall in Goods and Services Tax compensation for states  has come at a time when waning fiscal federalism is a burning issue. The Centre’s latest  decision to suspend  the Members of Parliament Local Area Development (MPLAD) Scheme and divert that money to the Consolidated Fund of India is the latest step towards the centralising of this count…

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