central tax devolution
States may cut FY21 capex by Rs 3 lakh crore, says ICRA
ICRA has projected that the gap between the GST compensation requirement and the cess collections for FY21 will be Rs 2.9 lakh crore
Kerala seeks better data access to get out of GST compensation
"These states are heavy borrowers and the government entities also come to markets for borrowing," said Aditi Nayar, principal economist, Icra.
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