STOCK MARKET BSE NSE

GST compensation: Siddaramaiah wants all-party team to go to Delhi

Opposition Congress and the Janata Dal (Secular) leaders hit out at the Central government over delay in giving the GST compensation to the states.

Published: 30th August 2020 05:12 AM  |   Last Updated: 30th August 2020 05:12 AM   |  A+A-

Siddaramaiah

Former Karnataka CM Siddaramaiah (File photo | EPS)

By Express News Service

BENGALURU: Opposition Congress and the Janata Dal (Secular) leaders hit out at the Central government over delay in giving the GST compensation to the states. Opposition Leader in the Assembly Siddaramaiah suggested the State Government take an all-party delegation to New Delhi to demand states’ share, while JDS leader HD Kumaraswamy said states are in dire straits due to the Centre’s failure to manage the situation.

The government must put pressure on the Centre, insist on its share and not resort to borrowings, he said and added 15th Finance Commission has done injustice to the State, GST compensation is not coming, the economy is not doing well, unemployment is a major concern and in such situation if the state resorts to borrowing to pay government employees’ salaries, development activities will take a hit.

Kumaraswamy took a dig at the Centre for terming crisis arising out of Covid-19 pandemic as an unforeseen “act of God”. In a series of tweets, the former CM accused the Centre of shirking its commitment towards GST with respect to states.

“The Centre has placed two options before states. They can opt for borrowing either the GST shortfall amount of Rs 97,000 crore or borrow the entire revenue gap of Rs 2.35 lakh crore that has arisen due to GST shortfall as well as Covid-19 situation,” he said.

More from Karnataka.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp