Amid GST row, Centre signals it will not borrow
Updated Sep 08, 2020 02:29 pm
- Finance Ministry officials also said the states’ entitlement is for the full compensation amount, and the mechanism is only to assess how much of the shortfall should be met by borrowing and how much could be deferred.
- “Borrowing for meeting the entire shortfall when the private sector is struggling to get back on its feet could hurt them badly,” said an official.
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