Bengal Guv asks Mitra to bring white paper on investments received from business summits

photo

West Bengal Governor Jagdeep Dhankhar on Saturday asked Amit Mitra to come out with a white paper on details of investments received from five editions of Bengal Global Business Summit (BGBS), alleging that the former state finance minister’s “misplaced eloquent economic optical illusions have been a heavy drain on development”. He also questioned why were … Read more

West Bengal opts for Rs 1.1 lakh crore borrowing option to meet GST compensation shortfall

photo

West Bengal has taken up the Rs 1.1 lakh crore borrowing option offered by the Centre to meet the shortfall in goods and services tax (GST) compensation, but has asked Centre to borrow the remaining shortfall of Rs 72,000 crore till January 2021, as well. West Bengal finance minister Amit Mitra has written to Union … Read more

Opposition ruled states likely to reject Centre’s GST options

photo

New Delhi: A number of states, particularly opposition-ruled ones, are set to reject the two borrowing options proposed by the Centre to meet the deficit in the goods and services tax (GST) compensation fund. State finance ministers from opposition states will meet on Monday to finalise a joint strategy to approach the Centre again as … Read more