Centre To Borrow, On-Lend Funds To States To Meet GST Compensation Shortfall
The portrait of Mahatma Gandhi is displayed on an Indian 2000 rupee banknote in an arranged photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Centre To Borrow, On-Lend Funds To States To Meet GST Compensation Shortfall

The central government will borrow Rs 1.1 lakh crore and pass the funds on to states as loans to meet the GST compensation shortfall. The position is a change from the stance so far, which was that...
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