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Embarassed: state FMs tell Centre on delay in GST compensation

Dec 04, 2019 18:07 IST

Finance ministers of states met Union Finance Minister Nirmala Sitharaman to vent their displeasure over the delay in release of GST compensation to states. The finance ministers of Delhi, Punjab, Puducherry and Madhya Pradesh and representatives from Kerala, Rajasthan, Chattisgarh and West Bengal who attended the meeting, said it is embarrassing to come to Delhi and ask for money. States claim the delay has put them in an acute financial position, due to which they are unable to pay schools, hospitals and pensions on time. States haven’t been paid GST compensation for August-September and the October-November payout will also be due after December 10. Under the Constitution Amendment Bill, states were guaranteed compensation for 5 years to offset tax revenue shortfall.

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