New Delhi: Several states on Thursday demanded that the GST compensation be continued for five more years due to the impact of the COVID-19 pandemic that stretched their finances and also pressured them to increase the central government’s share in centrally sponsored schemes in pre-budget consultations. inserted. Finance Minister Nirmala Sitharaman,
West Bengal, Kerala, Delhi, Chhattisgarh were at the fore, demanding that the compensation cess be extended for another five years till 2027. some states like West Bengal Said that first it should be extended for at least three years and based on an assessment of another two years to help the states recover from the impact of the pandemic.
Education Minister of Rajasthan Subhash Garg Said that the Center should consider the demand for extension of the Compensation Cess window to 2026-27 as it was a valid demand. “Our most important demand is that the share of the Center in Centrally Sponsored Schemes is gradually reduced and the share of the State has increased. Earlier the share would be 90-10 and now it is 50-50 or 60-40, our request That it should go back. By 90-10,” Garg said.
Some states also demanded that the pending share of central taxes be transferred to the states and this should be done in Budget,
West Bengal, Kerala, Delhi, Chhattisgarh were at the fore, demanding that the compensation cess be extended for another five years till 2027. some states like West Bengal Said that first it should be extended for at least three years and based on an assessment of another two years to help the states recover from the impact of the pandemic.
Education Minister of Rajasthan Subhash Garg Said that the Center should consider the demand for extension of the Compensation Cess window to 2026-27 as it was a valid demand. “Our most important demand is that the share of the Center in Centrally Sponsored Schemes is gradually reduced and the share of the State has increased. Earlier the share would be 90-10 and now it is 50-50 or 60-40, our request That it should go back. By 90-10,” Garg said.
Some states also demanded that the pending share of central taxes be transferred to the states and this should be done in Budget,
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