GST Council may set up GoM on compensation shortfall

New Delhi: The  Goods and Services Tax  ( GST ) Council could consider setting up a group of ministers (GoM) to resolve the row over states having to borrow from the market in order to meet the shortfall in compensation. Apart from the two options that the Centre has offered to the states, a third has emerged, which proposes that they make such borrowings jointly, rather than states taki…