Rajasthan picks Option 1 to meet GST shortfall

After Puducherry opted for borrowing under the RBI-facilitated special window earlier this week, Rajasthan on Thursday became the latest opposition-ruled state to choose the borrowing Option 1 to meet the compensation shortfall under Goods and Services Tax (GST) regime, the Finance Ministry said. Rajasthan will get Rs 4,604 crore via the special window and the funds through the back-to-back loan w…