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 … Continue reading 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