GST Compensation Financing May Debut A New Type Of Government Borrowing — Exclusive
Traffic light stands in front of the South Block of the Central Secretariat buildings. (Photographer: T. Narayan/Bloomberg)

GST Compensation Financing May Debut A New Type Of Government Borrowing — Exclusive

The central government’s proposal to states to finance a shortfall in compensation cess for the current financial year may bring to the markets a new kind of government security. This security, if ...
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