The Asian Age

Baghel seeks damages for revenue loss due to GST

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Chhattisga­rh chief minister Bhupesh Baghel on Saturday called upon the Centre to come out with a permanent arrangemen­t to compensate for the revenue loss of the states due to the GST tax system.

Participat­ing in the eighth meeting of the Governing Council of Niti Aayog held in Delhi under the chairmansh­ip of Prime Minister Narendra Modi, Mr Baghel said that the states have suffered a loss of revenue due to the GST tax system.

He said that the states’ share in the Central taxes has declined and added that a permanent arrangemen­t should be made at the earliest to compensate for the revenue loss of producing states like Chhattisga­rh.

The CM demanded that an amount of `2,659 crore be made available to the state in the current financial year.

He said that the Central government should respect the rights of the states and strengthen the system of transferri­ng its share of resources as well.

Mr Baghel said that there should be an integral MIS system for all programmes for the care of women and children.

He urged the Union government to increase the share of the Centre-state funding to 75:25 under centrally sponsored schemes.

The CM highlighte­d the problems facing the MSMEs in Chhattisga­rh and said that provision of adequate raw materials such as iron ore and coal should be made to the industries in the state to ensure fast industrial­isation.

The Congress party chief minister said that in order to promote industrial­isation of the tribal region of Bastar in Chhattisga­rh, MoUs have been signed for capital investment of about `9,000 crore.

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