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Why do states want a bigger share of GST?

Finance ministers of some states have demanded a 10 percentage point jump in their share of revenue from GST collections. What is behind this demand? What will be its impact if implemented?

Debarghya Sanyal New Delhi

Sitharaman, Nirmala Sitharaman — New Delhi: Finance Minister Nirmala Sitharaman chairs her first pre-budget 2023 consultation with the first group of captains from industry and experts of infrastructure and climate change, in New Delhi, Monday, Nov. 21, 2022. (PTI Photo)

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1 min read Last Updated : Nov 29 2022 | 11:57 AM IST

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In the run-up to the upcoming Union Budget, finance ministers of some states -- mostly ruled by opposition parties -- have demanded a 10 percentage point jump in their share of revenue from GST collections. From the current 50%, they want it to be increased to 60%. So what is behind this demand? And what will be its impact if implemented? This segment of the podcast answers this question

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Topics :Goods and Services Tax Nirmala Sitharaman GST State revenues

First Published: Nov 29 2022 | 11:57 AM IST

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