Central Govt. releases ₹40,000 crores to meet GST compensation shortfall

  • On Friday, the Central Government of India released ₹40,000 crores to the states to help them meet the GST compensation shortfall.

  • The government has released ₹1,15,000 crores up till now under the back-to-back loan facility.

  • On 15th July 2021, the government released ₹75,000 crores to the states and union territories.

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