Tamil Nadu, Delhi pick borrowing option to meet GST deficit

“The permission was issued after the State (Tamil Nadu) formally communicated its acceptance for Option 1 to meet the shortfall arising out of GST implementation. Twenty-one States and two Union Territories -- Delhi and Jammu & Kashmir (J&K) -- have so far requested Option 1,” the Union finance ministry said in a statement.

from Hindustan Times - business https://ift.tt/319oflL