Kerala and West Bengal chose Option-1, to receive Rs.10,197 crore through special borrowing window

State Governments of Kerala and West Bengal opt for Option 1 to meet the GST compensation shortfall; Besides granting the facility of a special window for borrowings to meet the shortfall arising out of GST implementation of Rs.10,197 to both States, Centre also provides for additional borrowing permission of Rs.4,522 crore to the State Government of Kerala and Rs.6,787 crore to the State Government of West Bengal; Join 23 Other States and 3 Union Territories who have ch...