GST which has been hailed as the achievement in the cooperative federalism in the country has turned into a flashpoint in the Centre-State relations on the GST compensation issue. In light of this, elaborate on the issue and what would be its implications for the federalism? 10 marks

Mentor’s comment-

  • https://indianexpress.com/article/opinion/columns/gst-states-compensation-revenue-nirmala-sitharaman-6721273/
  • In the intro, mention how GST involved surrendering financial autonomy on the part of states.
  • In the body mention how GST involved compensation for the loss of revenue and promise of compensation for 14% growth. Next mention how to roll out the GST the States and Centre made a compromise and established GST common GST Council and how this was an achievement for the federal structure. In the next part mention how revenue loss due to pandemic led to the contention between the Centre and the states and its implications for the federal structure.
  • Conclude by mentioning the responsibility of the Centre to find a way to compensate for the revenue loss and raising the fund through loans.
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Jojo
Jojo
1 year ago

Kindly check

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AZHARUDDIN
AZHARUDDIN
1 year ago

Please review
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arun saraswat
arun saraswat
1 year ago

Pls review

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arun saraswat
arun saraswat
1 year ago
Reply to  arun saraswat

Transaction ID: P2010131144312057697645

kk
kk
1 year ago

Pls review. Order number #0000306234

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