10th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall



Quick Summary
The Ministry of Finance has released the tenth weekly instalment of Rs.6,000 crore to states and Union Territories to help cover the Goods and Services Tax (GST) compensation shortfall. This brings the total amount released so far to Rs.60,000 crore. This funding is provided through a special borrowing window set up by the government. Additionally, states have been granted permission to borrow an extra Rs.1,06,830 crore.

A total amount of Rs.60,000 crore released so far to all States and UTs with legislation This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States The Ministry of Finance has released the 10thweekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs.5,516.60 crore has been released to 23 States and an amount of Rs.483.40 crore has been released to the 3 Union Territories (UT) with Legislati
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1999
(Excl. of GST ₹359)

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FAQ :

The latest instalment released was Rs.6,000 crore.

A total of Rs.60,000 crore has been released to states and UTs so far.

The shortfall is being funded through a special borrowing window established by the government, with the borrowings being done on behalf of the states and UTs.

Arunachal Pradesh, Manipur, Mizoram, Nagaland, and Sikkim did not receive funds as they do not have a revenue gap due to GST implementation.

States have been granted additional borrowing permission equivalent to 0.50% of their Gross State Domestic Product (GSDP), amounting to Rs.1,06,830 crore.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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