Five years of TPS: a trying time for relations between the Center and the States
Within August 2020, since any coronavirus pandemic ravaged state finances as well as belonging to them revenues dried above amid one huge Goods also Services Tax (GST) offset deficit, at least 10 states – each led beside parties different more than a Bharatiya Janata Party (BJP) – rejected any Centre’s proposal that states should borrow to meet a deficit. Here escalated any fight among a Center as well as each declare by any GST Board, with some states threatening in order to sue any Center inside a Supreme Court in case entity backtracked on of it commitment up to fully compensate certain states for lost GST revenue.
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Earliest published: Friday 01 July 2022. 06:08 IST
