Extend GST compensation beyond 2022: Karnataka CM
GST
Dated:- 15-6-2019
New Delhi, Jun 15 (PTI) – Karnataka Chief Minister H D Kumaraswamy Saturday asked the Centre to extend GST compensation beyond five years, saying that the state will face "severe financial crunch" after the recompense period ends in 2022.
\nHe was speaking at the first meeting of the Governing Council of Niti Aayog chaired by Prime Minister Narendra Modi here.
\nWhile implementing the Goods and Services Tax (GST), the Centre had assured the states to compensate them for loss of their revenue for five years till 2022.
\n"While the revenue gap is being bridged by the assured compensation till 2022, the state has limited scope to mobilise addition<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n fter Rajasthan, the Chief Minister said the state "faces serious drinking water challenges. Ground water table is depleting and ground water sources are getting contaminated." = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Extend GST compensation beyond 2022: Karnataka CM GSTDated:- 15-6-2019New Delhi, Jun 15 (PTI) – Karnataka Chief Minister H D Kumaraswamy Saturday asked the Centre to extend GST compensation beyond five years, saying that the state will face "severe financial crunch" after the recompense period ends in 2022. He was speaking at the first meeting of … Continue reading “Extend GST compensation beyond 2022: Karnataka CM”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-68865","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/68865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68865"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/68865\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nHe urged the prime minister to significantly increase the allocation to rural drinking water sector.
\nKarnataka is investing ₹ 2,800 crore during 2019-20 for rural drinking water, of which the centre's share is only ₹ 400 crore, he added.
\nThe chief minister also urged the Centre to approve ₹ 2,064 crore relief from the National Disaster Relief Fund (NDRF) for damage to crops in the 2018-19 rabi season.
\nHe also urged the prime minister to release pending ₹ 1,500 crore reimbursement under the MGNREGA scheme and raise the fund al<\/p>\n
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