Thirteen states have given their borrowing options proposed by the GST council to meet the shortfall in compensation from the Centre. Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Meghalaya, Sikkim, Tripura, Uttar Pradesh, Uttarakhand and Odisha have opted for the first option and only Manipur opted for the second borrowing option. The first option proposed borrowing of Rs 97,000 crore by states with 0.5 per cent FRBM relaxation, while the second option proposed borrowing of Rs 2.35 lakh crore to meet the full compensation in cess fund deficit. While states like Delhi, Punjab, Rajasthan, Chattisgarh, Tamil Nadu, Jharkhand, Telangana, Puducherry, Kerala and West Bengal are not in favour of any option, some of the states will submit their views directly to the finance ministry at next GST Council meeting. So, will the remaining states opt for the plans proposed by the Centre? Let's find out in this edition of Big Story.
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