No Consensus As 9 States Reject GST Solution : Nirmala Sitharaman

New Delhi, October 13:  Union Finance Minister Nirmala Sitharaman said that there is still no consensus to break the deadlock between the central government and those of states and UTs over mode of payment of GST compensation.

By the end of Monday's meeting 12 states had accepted the centre's payment proposal  to borrow from the markets on their own account  but nine others stood their ground and insisted the centre do the borrowing.

Overall 21 states mostly those ruled by the BJP or those that have supported it on various issues have agreed to borrow.

Ms Sitharaman has asked for time to consider the demands of the nine states who refused to do so after today's meeting. 

 

Comments

Cross Town News is the no. 1 Weekly Newspaper and Online News Portal in J&K in term of serious News. The rugged Newspaper & Portal is with a substantial difference to read and presence to feel. This newspaper has a vision to deliver the real side of truth to the public . Since it’s inception in 2013 March, It has become No. 1 News medium for people of J&K. Cross Town News has a mission to deliver high quality news across the nation within fraction of time.

Subscribe Now

Subscribe to our weekly Newsletter.