West Bengal Chief Minister Mamata Banerjee has sought Prime Minister Narendra Modi’s intervention in the goods and services tax (GST) compensation impasse.
In a letter to Prime Minister Modi, Banerjee said the Centre must borrow to meet the GST shortfall at this critical hour of Covid-19 pandemic.
“I am sure that the states will reciprocate in supporting a resolution that cess collection continues beyond the five years till the entire debt of the Centre is totally liquidated, along with the entire interest payment cost,” she said.
Banerjee also pointed that the government of India had the power to monetise its