Chattisgarh accepts Option 1 to meet revenue shortfall arising out of GST implementation

Chhattisgarh Govt. accepts Option-1 to meet revenue shortfall arising out of GST implementation; With this, Chhattisgarh will get Rs. 3,109 crores through special borrowing window to meet GST implementation shortfall and additional borrowing permission of Rs.1,792 crore (0.50 % of Chhattisgarh’s GSDP); FinMin issues press release noting that the special borrowing window has been operationalized from October 23, 2020 and since then number of States which favoured Option...