GST compensation shortfall: Centre borrows, transfers Rs 6,000 crore to 16 states, 2 UTs

NEW DELHI: The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two union territories, including Maharashtra, Gujarat, Bihar, Assam, Delhi and J&K, the finance ministry said on Friday.  Last week, the Centre gave in to the demands of opposition-ruled states to borrow and fund the GST compensation shortfall.  The fi…