Centre abdicating its duty on GST: Chidambaram, Jairam - News Summed Up

Centre abdicating its duty on GST: Chidambaram, Jairam


Former Union Ministers and Congress leaders Jairam Ramesh and P. Chidambaram. Citing the COVID-19 situation and the loss of revenue, the Centre had expressed its inability to compensate the State governments for the shortfall in revenue. AdvertisingAdvertising“Parliament passed a law that Centre will compensate states for GST shortfalls for 5 years. In a series of tweets, Mr. Chidambaram accused the Narendra Modi government of trying to cripple the States by resorting to such tactics. The latest assault on the States is part of an elaborate design of the Modi government to financially cripple the States and reduce them to begging for money from the Centre, Mr. Chidambaram said.


Source: The Hindu August 28, 2020 16:07 UTC



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