100 percent of the estimated GST compensation shortfall of 1.10 Lakh crore released 20th Instalment of 4,104 crore released to the States on Monday, 15th March, 2021
GST
Dated:- 15-3-2021
The Ministry of Finance, Department of Expenditure has released the final weekly instalment of ₹ 4,104 crore to the States to meet the GST compensation shortfall. Out of this, an amount of ₹ 4,086.97 crore has been released to 23 States and an amount of ₹ 17.03 crore has been released to the 3 UTs with Legislative Assembly.
\nWith the current release, 100 percent of the total estimated GST compensation shortfall of ₹ 1.10 lakh crore for the year 2020-21 has now been released to the States & UTs with Legislative Assembly<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n vided among all the States as per their GST compensation shortfall. With the current release, the proportionate pending GST shortfall with respect to borrowing under both 5 years tenure and 3 year tenure has been concluded for 23 States and 3 UTs with legislature. Remaining 5 States doesn't have any GST compensation shortfall. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n percent of GSDP allowed and amount of funds raised through special window passed on to the States\/UTs till 15.03.2021 = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" 100 percent of the estimated GST compensation shortfall of 1.10 Lakh crore released 20th Instalment of 4,104 crore released to the States on Monday, 15th March, 2021 GSTDated:- 15-3-2021The Ministry of Finance, Department of Expenditure has released the final weekly instalment of ₹ 4,104 crore to the States to meet the GST compensation shortfall. Out … Continue reading “100 percent of the estimated GST compensation shortfall of 1.10 Lakh crore released 20th Instalment of 4,104 crore released to the States on Monday, 15th March, 2021”<\/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-69091","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69091","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=69091"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69091\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nThe amount released this week was the 20th instalment of such funds provided to the States. The amount has been borrowed this week at an interest rate of 4.9288%. The total amount of ₹ 1,10,208 crore has been borrowed by the Central Government through the special borrowing window at an weighted average interest rate of 4.8473%.
\nIn addition to providing funds through the special borrowing window to meet the sh<\/p>\n
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\n(Rs. in Crore)
\nS.No.
\nName of State \/ UT
\nAdditional borrowing of 0.50 percent allowed to States
\nAmount of fund raised through special window passed on to the States\/ UTs
\n1
\nAndhra Pradesh
\n5051
\n2311.00
\n2
\nArunachal Pradesh*
\n143
\n0.00
\n3
\nAssam
\n1869
\n994.00
\n4
\nBihar
\n3231
\n3905.00
\n5
\nChhattisgarh
\n1792
\n3109.00
\n6
\nGoa
\n446
\n840.00
\n7
\nGujarat
\n8704
\n9222.00
\n8
\nHaryana
\n4293
\n4352.00
\n9
\nHimachal Pradesh
\n877
\n1717.00
\n10
\nJharkhand
\n1765
\n1689.00
\n11
\nKarnataka
\n9018
\n12407.00
\n12
\nKerala
\n4,522
\n5766.00
\n13
\nMadhya Pradesh
\n4746
\n4542.00
\n14
\nMaharashtra
\n15394
\n11977.00
\n15
\nManipur*
\n151
\n0.00
\n16
\nMeghalaya\n<\/p>\n
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