Central Govt. releases ₹17,000 crores to meet GST compensation shortfall

• On Wednesday, the Central Government of India released ₹17,000 crores to the states to help them meet the GST compensation shortfall.

• The government has released ₹1,76,000 crores up till now under the back-to-back loan facility.

• The government had released Rs 75,000 crore in July and Rs 40,000 crore earlier this month.