The GST Council failed to reach a consensus over the issue of how states will be compensated for their revenue shortfall, even after discussing the issue at length for a third consecutive meeting.

 

Revenue compensation for states remains unresolved after repeated GST Council meetings, prolonging disagreement over shortfall mechanism. Failure to agree on revenue compensation for states arising from GST shortfalls is the operative issue: the GST Council, in a meeting continuing prior deliberations, did not reach consensus on the mechanism by which states would be compensated for their fiscal shortfall.