GST compensation: Kerala, West Bengal opt for option 1 to meet shortfall

Under the terms of option 1, besides getting the facility of a special window for borrowings to meet the shortfall arising out of GST implementation, states are also entitled to get unconditional permission to borrow the final instalment of 0.50 percent of gross state domestic product out of the 2 percent additional borrowings permitted by the Centre.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/gst-compensation-kerala-west-bengal-opt-for-option-1-to-meet-shortfall_14527781.html
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