Four CMs write to PM, FM on GST: Centre ought to borrow

Written by Aanchal Magazine
, Liz Mathew
| New Delhi |

Updated: September 2, 2020 10:17:32 am





The Centre and Opposition-ruled states are in conflict over the financing of the GST shortfall of Rs 2.35 lakh crore in the current fiscal. (File photo)

REJECTING THE Centre’s proposal that state governments could borrow to meet the compensation deficit under the Goods and Services Tax (GST) regime, at least four non-BJP states have said the borrowing should be done by the Centre instead.

While Telangana Chief Minister K Chandrashekar Rao, Delhi Chief Minister Arvind Kerjiwal and Tamil Nadu Chief Minister Edappadi K Palaniswami have written to Prime Minister Narendra Modi, Chhattisgarh Chief Minister…

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