Most BJP-Ruled States Opt For Rs 97\,000-Crore Borrowing Plan To Meet GST Shortfall

Most BJP-Ruled States Opt For Rs 97,000-Crore Borrowing Plan To Meet GST Shortfall
The portrait of Mahatma Gandhi is displayed on an Indian 50 rupee, left, and 2000 rupee banknotes in an arranged photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Most BJP-Ruled States Opt For Rs 97,000-Crore Borrowing Plan To Meet GST Shortfall

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Most Bharatiya Janata Party-ruled states have opted to borrow Rs 97,000 crore from the Reserve Bank of India via a special window to finance a shortfall in compensation cess for the current financi...