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GST Compensation Row: 13 States Choose Centre’s Borrowing Options

A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall.

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A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall and almost all have decided to go for the first option proposed by the Centre, a source said.

Out of the 13, 12 states have opted for the first option, under which the Union government has offered states that they could borrow the shortfall arising out of GST implementation, estimated at Rs 97,000 crore approximately.
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