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The Centre has released Rs 1 trillion to states and UTs in four months since October 2020, to meet GST compensation shortfall, the Finance Ministry said on Saturday. The ministry on Friday released the 17th weekly instalment of Rs 5,000 crore to 23 states and 3 Union Territories (Delhi, Jammu & Kashmir & Puducherry), taking the total amount released so far under the special borrowing window set up in October last year to Rs 1 trillion. The remaining 5 states, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim, do not have a gap in revenue on account of Goods and Services Tax (GST) implementation. The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of Rs 1.10 lakh crore in revenue arising on account of implementation of GST.

Uttar pradeshUnion territories delhiAssembly delhiServices taxFinance ministryArunachal pradeshLegislative assemblyCentral governmentGoods and services taxEconomy of indiaFourteenth finance commissionBudget of odishaGovernment of indiaGst councilஉத்தர் பிரதேஷ்தொழிற்சங்கம் பிரதேசங்கள் டெல்ஹி