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Wednesday, July 23, 2025
TopicState GST

Topic: State GST

Centre paid Rs 6,140 cr to Maharashtra out of Rs 46,950 cr GST dues, says Governor Koshyari

Addressing the joint sitting of members of state Legislature Monday, Bhagat Singh Koshyari said compensation to the tune of Rs 29,290 crore is overdue from the central government.

52% higher borrowing, big drop in revenue — why states are despairing about their finances

Contraction in economy due to lockdown, extra spending on Covid and shortfall in GST compensation have left states scrambling for money.

Why Centre and not states should borrow to resolve GST compensation impasse

Central govt has argued that states have more headroom to borrow, but estimates suggest that states’ borrowing costs are at least 0.5 percentage points higher.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.