
Centre releases balance Rs 44,000 crore to states to meet GST compensation shortfall
The Centre has released the balance Rs 44,000 crore to states under the back-to-back loan facility in-lieu of GST compensation, taking the total to Rs 1.59 lakh crore, the full amount that the government had planned to pay to states for FY 22 for compensation shortfall. The government had released Rs 75,000 crore in July and Rs 40,000 crore in October.