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    <title>GST compensation shortfall released to States reaches 1.04 Lakh crore</title>
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    <description>The Government established a special borrowing window to meet the GST compensation shortfall by borrowing centrally in three year and five year government stock and passing the proceeds to States and UTs in instalments, allocating amounts across States in proportion to their compensation gaps; additionally, the Centre granted permission for extra borrowing equal to 0.50% of GSDP to States opting for Option I, with permission granted to twenty eight States.</description>
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      <description>The Government established a special borrowing window to meet the GST compensation shortfall by borrowing centrally in three year and five year government stock and passing the proceeds to States and UTs in instalments, allocating amounts across States in proportion to their compensation gaps; additionally, the Centre granted permission for extra borrowing equal to 0.50% of GSDP to States opting for Option I, with permission granted to twenty eight States.</description>
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