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Centre releases Rs 44k cr to states/UTs under back-to-back loan facility

The Centre on Thursday said it has released Rs 44,000 crore to the state governments and UTs (with Legislature) under the back-to-back loan facility in lieu of GST Compensation."After taking into account earlier release of Rs 115,000 .

New delhiCentre onMinistry of finanaceCompensation fundCentral governmentWeighted average yield

Finance Ministry releases Rs 44,000 Cr today to States, UTs with legislature to compensate for GST

The total amount to Rs 1.59 lakh crore was released to states and UTs this fiscal.

Centre onImage sourceFinance ministryWeighted average yieldFiscal yearNirmala sitharamanFinance ministryCentre to statesSt compensationsGoods and services tax

Centre releases Rs 1 59 lakh crore to states to compensate for GST shortfall

The Centre released the balance of Rs 44,000 crore to states as a loan to compensate for the GST shortfall on Thursday, October 28.

New delhiCentre onRailway ministryWeighted average yieldAlso readCare numberGst shortfallGoods and service taxGst councilGst council

Centre releases balance amount of Rs 44,000 cr to states, UTs under back-to-back loan facility in-lieu of GST compensation - Jammu Kashmir Latest News | Tourism

Centre releases balance amount of Rs 44,000 cr to states, UTs under back-to-back loan facility in-lieu of GST compensation - Jammu Kashmir Latest News | Tourism
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New delhiMinistry of finance onFinancial yearWeighted average yield

Government of India releases balance amount of ₹ 44,000 crore to States and UTs (with Legislature) under the back-to-back loan facility in-lieu of GST compensation

Ministry of Finance Government of India releases balance amount of ₹ 44,000 crore to States and UTs under the back-to-back loan facility in-lieu of GST.

Uttar pradeshMadhya pradeshHimachal pradeshTamil naduAndhra pradeshGst council meetingCompensation fundCentral governmentWeighted average yieldBack loan