Centre releases Rs. 17,000 crore as GST Compensation to States/UTs

The Central Government has released GST Compensation of Rs. 17,000 crore to States today. The total amount of compensation released to the States/UTs so far including the aforesaid amount during the year 2021-22 is Rs. 60,000 crore. As per the decision of GST Council, back to back loan of Rs.1.59 lakh crore has already been released in lieu of shortfall in release of GST Compensation during the current financial year

The table below shows the State-wise GST compensation released to States/UTs on 3rd November  2021:

Details of GST compensation released on 3rd Nov, 2021

S.No. Name of State/ UT GST compensation released (in crore)
1 Andhra Pradesh 542.9916
2 Arunachal Pradesh 0.0000
3 Assam 159.5647
4 Bihar 342.3264
5 Chhattisgarh 274.0722
6 Delhi 1155.0933
7 Goa 163.3757
8 Gujarat 1428.4106
9 Haryana 518.1179
10 Himachal Pradesh 177.6906
11 J & K 168.4108
12 Jharkhand 264.4602
13 Karnataka 1602.6152
14 Kerala 673.8487
15 Madhya Pradesh 542.1483
16 Maharashtra 3053.5959
17 Manipur 0.0000
18 Meghalaya 27.7820
19 Mizoram 0.0000
20 Nagaland 0.0000
21 Odisha 286.0111
22 Puducherry 61.0883
23 Punjab 834.8292
24 Rajasthan 653.4479
25 Sikkim 0.3053
26 Tamil Nadu 1314.4277
27 Telangana 279.1866
28 Tripura 16.9261
29 Uttar Pradesh 1417.1820
30 Uttarakhand 270.2722
31 West Bengal 771.8195
Total 17000.00

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