GST shortfall: States willing to borrow want process to start soon

Financial Express

The states that have opted for exercising the borrowing options to make good their GST revenue shortfall want the process to start, without having to wait for the states that are not in favour of the Centre’s plan. As many as 12 states have agreed to borrow according to the ‘option 1’ presented to them in the last GST Council meeting. Bihar deputy CM Sushil Kumar Modi told FE that the state would…

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