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Centre borrows & transfers Rs 6,000 cr as first tranche to 16 States on account of GST compensation

New Delhi, (#thestates.news) The Central Government on Friday borrowed and transferred Rs 6,000 crores as first tranche to 16 States under its special borrowing window to address the shortfall in the GST collection during the year 2020 – 2021.

The Central Government borrowed and transferred Rs 6,000 cr as first tranche to 16 States namely Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand and Union Territories of Delhi and Jammu and Kashmir.(uni) (mediasaheb.com)