'Committed to compensate entire GST shortfall to states,' says Finance Ministry

Even as September 8 is the last date for states to opt for one of the options suggested by the GST Council to plug their compensation gaps, the finance ministry has reiterated that the entire shortfall of compensation to the states -- irrespective of whether it is on account of GST implementation or COVID pandemic -- will be compensated.  Sources in the finance ministry have said: "It has nev…