Centre Giving Up Responsibility Of Compensating States: Telangana On GST Dues

Telangana Chief Minister K Chandrasekhar Rao has urged Prime Minister Narendra Modi to drop the proposal asking the states to go for borrowing to meet the shortfall in the GST compensation and said the Centre can itself take up the entire financing.

Delhi Chief Minister Arvind Kejriwal today wrote to Prime Minister Narendra Modi, urging him to consider more legally viable and sustainable options for providing GST dues to states to help them tide over the COVID-19 financial crisis.

Chhattisgarh Chief Minister Bhupesh Baghel on Monday asked the Centre to borrow loan and pay GST compensation due to states.

The Telangana government on Monday asserted the Centre has no option but to pay full GST compensation to states and said the southern state lost about Rs 8,000 crore income during the past four months on account of lockdown to contain coronavirus.

Tamil Nadu Chief Minister Edappadi K Palaniswami has written to Prime Minister Narendra Modi over GST compensation of States, stating that he is "very concerned about two options offered to States after 41st GST Council Meeting".

Kerala Finance Minister Thomas Isaac has accused the central government of "undermining (the) federal structure" of the country and destroying its relationship with states, amid a row between centre and states over GST compensation

Rules by bureaucrats, legalese by lawyers and analysis by economists are cold, futile methods to resolve this crisis when the need of the distressed hour is a warm, empathetic hand of the political leadership.

Congress leader Rahul Gandhi took to Twitter today to announce a video series on "how the Modi government has destroyed the Indian economy" with a short clip where he states how demonetisation, "flawed GST" and the coronavirus lockdown have hit the national economy.

The centre in a letter to the states has promised it would clear their goods and services tax (GST) dues despite the massive shortfall in GST cess collection amid the coronavirus pandemic, a situation that has been described as "an act of God" by Finance Minister Nirmala Sitharaman. The government in the letter said it wants to stay clear of "avoidable borrowing at th...

Finance Minister Nirmala Sitharaman said she had asked her counterparts at state level to borrow up to Rs 2.35 lakh crore from the market to help close the fiscal gap.

Congress leader P Chidambaram has taken a swipe at Finance Minister Nirmala Sitharaman over the "act of God" comment she made on Thursday while describing the coronavirus pandemic and its impact on GST collection

Congress leader Rahul Gandhi on Friday hit out at Finance Minister Nirmala Sitharaman's remarks that the economy has been hit by the COVID-19 pandemic which is an "Act of God", saying the Indian economy has been "destroyed" by three actions -- demonetisation, "flawed" GST and a "failed" lockdown.

Senior Congress leader P Chidambaram urged states to reject options given to them by the Centre over the GST compensation issue and demand money in one voice.

Haryana Deputy Chief Minister Dushyant Chautala has requested the centre to pay the state's goods and services (GST) compensation of Rs 5,840 crore at the earliest that has been pending for the last four months, according to a statement on Friday.