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Monday, December 23, 2024

Option-1

All States choose Option-1 to meet the GST implementation shortfall

Jharkhand has become the latest State to go for Option-1 Jharkhand will get Rs. 1,689 crore through special borrowing window to meet the GST implementation shortfall Permission to raise additional Rs. 1,765 crore through borrowings also issued to...

Chhattisgarh will get Rs.3,109 crores through special borrowing window to meet the GST implementation shortfall

Government of Chhattisgarh has communicated its acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have favoured Option-1 has gone up to 27. All States except Jharkhand and all the...

Punjab will get Rs.8,359 Crores through special borrowing window to meet the GST implementation shortfall

Governments of Punjab has communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have chosen this option has gone up to 26. All the 3 Union Territories with Legislative...

Rajasthan decides to go for Option-1 to meet the GST implementation shortfall

State will get Rs.4,604 Crores through special borrowing window and also permission to raise additional Rs.5,462 Crores through borrowings The Government of Rajasthan has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance...
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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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