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Study Of State Finances : RBI Report

Kumari Sonali

Study Of State Finances : RBI Report

The Reserve Bank of India recently released its study of state finances.

  • The report details the financial positions of the states and also presents an analysis of states receiving GST Compensation.
  • Tamil Nadu is one of the five states in the country to receive GST compensation. The other states are Karnataka, Maharashtra Gujarat, and Uttarakhand.
  • When the GST compensation ends, the most affected states and UTs will be Punjab, Delhi, Puducherry, Himachal Pradesh, Goa, and Uttarakhand
  • Of all the states, the northeastern states gained the maximum benefits of GST compensation

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