The Central government has accepted that ₹689 crore is pending to Andhra Pradesh as GST compensation for the period between April and June, 2022 and this will be cleared in the near future.
Union Finance Minister Nirmala Sitharaman, while responding to a question raised by YSR Congress Party MP Vallabhaneni Balashowry in the Lok Sabha on February 6 (Monday) said, “Taking into account the back-to-back loan of ₹2,311 crore in the 2020-21 financial year and ₹3,272 crore in 2021-22 fiscal year released to Andhra Pradesh in lieu of GST compensation and the release of bimonthly GST compensation from July 2017 to June 2022, only ₹689 crore is pending to the State toward GST compensation for the period April and June, 2022”.
Read more at : The Hindu
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