GST compensation: Details of 2 borrowing options revealed

GST compensation: Details of 2 borrowing options revealed

The Central government on Saturday wrote to states suggesting options of borrowing money to make up for the Rs 2.35 lakh crore shortfall in GST revenues expected in the ongoing fiscal. The finance ministry wrote to state governments saying they could borrow either via a special window it will facilitate through the RBI or raise debt from the market.