New Delhi: Finance Ministry on Thursday said the central government will borrow Rs 1.1 lakh crore to make up for the shortfall in GST of states.
"The amount so borrowed will be passed on to the states as a back-to-back loan in lieu of GST compensation cess releases," the ministry said in a statement.
(PTI Report)
New Delhi: Finance Ministry on Thursday said the central government will borrow Rs 1.1 lakh crore to make up for the shortfall in GST of states.
"The amount so borrowed will be passed on to the states as a back-to-back loan in lieu of GST compensation cess releases," the ministry said in a statement.
(PTI Report)
