Delay in GST compensation: How do we run state without money, asks Punjab FM
(WorldNews India)

THE FINANCE ministers of Punjab, Kerala, New Delhi, Rajasthan and West Bengal issued a joint statement expressing concern over delay in release of GST compensation, which has put them in an acute financial position. Advertising The statement, signed by the four ministers on the sidelines of a meeting of the empowered committee of states, asked Union Finance Minister Nirmala Sitharaman to release the dues, adding that `the delay has shaken the confidence of the States who have so far supported GST in a spirit of rare bonhomie.` Punjab Finance Minister Manpreet Singh Badal told The Indian Express that Punjab would go into an overdraft on Wednesday because of the fiscal situation arising out of...