The Centre on Thursday placed before the GST Council two options for borrowing by states to meet the shortfall in GST revenues pegged at Rs 2.35 lakh crore in the current fiscal. Union Finance Minister Nirmala Sitharaman said the economy has been hit by the COVID-19 pandemic, which is an 'Act of God', and it will see a contraction in the current fiscal.
from Top Politics News- News18.com https://ift.tt/2EDBpz4
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