GST compensation shortfall: Finance ministry releases weekly installment of ₹6,000 crore to states

New Delhi, Jan 18 (PTI) The Finance Ministry on Monday released the 12th instalment of ₹6,000 crore to states to meet the GST compensation shortfall, taking the total amount released so far under this window to ₹72,000 crore. The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of ₹1.10 lakh crore in revenue arising on account of implement…