Extend GST compensation to states by 3-5 yrs more: Amit Mitra to Sitharaman

Unforeseen battle against pandemic has put states' fiscal health under huge stress, he says in letter to FM

Amit Mitra, principal chief advisor to Chief Minister and Finance Department of West Bengal government, has urged Union Finance Minister, Nirmala Sitharaman, to continue to provide goods and services tax (GST) compensation to the states for the next 3 to 5 years beyond June 2022.

In a letter to the Finance Minister Sitharaman, Mitra said that it would be most logical to continue to provide GST compensation to the states for the next 3 to 5 years beyond June 2022, to provide much needed relief to state finances.

The unforeseen battle against the pandemic has put the fiscal health of