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    <title>Centre should compensate loss of revenue to Telangana due to GST rate rejig: CM Revanth Reddy</title>
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    <description>Telangana&#039;s Chief Minister demands that the Centre compensate for revenue loss from recent GST rate rationalisation, asserting the Centre&#039;s responsibility to fill any shortfall because state plans rely on expected receipts. The demand covers a five year period and invokes the earlier promise to address revenue declines when tax growth falls below the benchmark. The Deputy Chief Minister has submitted a representation and will provide a detailed letter quantifying Telangana&#039;s revenue shortfall for the Union Minister to take up with the Prime Minister.</description>
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      <description>Telangana&#039;s Chief Minister demands that the Centre compensate for revenue loss from recent GST rate rationalisation, asserting the Centre&#039;s responsibility to fill any shortfall because state plans rely on expected receipts. The demand covers a five year period and invokes the earlier promise to address revenue declines when tax growth falls below the benchmark. The Deputy Chief Minister has submitted a representation and will provide a detailed letter quantifying Telangana&#039;s revenue shortfall for the Union Minister to take up with the Prime Minister.</description>
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