Centre could prepay market loans taken to compensate states for GST income

The central authorities might be able to repay ₹2.69 lakh crore loans it had taken to compensate states for GST income loss in FY21 and FY22 by November 2025, 4 months forward of its scheduled compensation, an official has stated. The total compensation of the market borrowings is anticipated sooner than the beforehand calculated timeline … Read more