The centre vs states stand-off over Rs 2.35 lakh crore due in GST compensation and Covid-related relief payments will be placed before the Attorney General, Finance Ministry officials told a parliamentary panel Friday afternoon
Senior Congress leader P Chidambaram today said the Centre's reported proposal of giving "letter of comfort" to states to borrow money to bridge the GST compensation gap were "just words of comfort" on a piece of paper that has "no value".
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
Former Finance Minister and senior Congress leader P Chidambaram today tweeted a series of measures to boost consumption and raise money, including paying GST arrears to states, to pull the country's economy out of its sharpest nosedive on record.
Congress leader Rahul Gandhi this morning tweeted a fresh video to attack the government as he blamed the ruling BJP for a record 23.9 per cent contraction in the economy, linking it with the controversy over the Goods and Services Tax.
Jharkhand Chief Minister Hemant Soren wrote to Prime Minister Narendra Modi on the centre not giving full Goods and Services Tax (GST) compensation to the states, saying this "act of sovereign default" runs against the very spirit of the cooperative federalism.
Karnataka Chief Minister BS Yediyurappa "lacks courage" to fight against "the injustice", senior Congress leader Siddaramiah claimed on Thursday, as he hit out at the state government for accepting the Centre's option of borrowing to meet the shortfall in GST revenues.
The Congress on Thursday accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said noteban, GST and lockdown were "disaster strokes" not "master strokes".
The Congress today accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said notes ban, GST and lockdown were "disaster strokes" not "master strokes".
As a pilot project for clean mobility EESL had ordered 10 KonaElectric SUVs in the year 2019.
The BJP-ruled Karnataka today said it has decided to opt for the first among the two options offered by the Central government for borrowing to meet the shortfall in GST revenues, under which the state will be eligible for a total compensation of Rs 18,289 crore.
The chief ministers of six non-BJP-ruled states have written to the centre to remind it of its "constitutional" responsibilities in the stand-off over the Rs 2.35 lakh crore shortfall in GST compensation and financial relief (from the pandemic) due to states. Mamata Banerjee (Bengal), Pinarayi Vijayan (Kerala), Arvind Kejriwal (Delhi), Edappadi K Palaniswami (Tamil Na...
Sarma further added that the state government will come out with a special compensation package to assist those affected by the COVID-19 induced lockdown by the end of this year.
GST collection in July had come at Rs 87,422 crore, while GST for the month of August last year was Rs 98,202 crore
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