Senior Congress leader P. Chidambaram on Thursday, April 28, 2022, took a dig at the Centre over the ₹78,704 crore it owes to the States in GST compensation, saying it would be interesting to know why the Finance Ministry "embarrassed" Prime Minister Narendra Modi by putting out the information on the day he chose to "admonish" the States.
The Finance Ministry on April 27, 2022, said the Centre has already released eight months of GST compensation dues to the States for the fiscal ended March 2022 and ₹78,704 crore is pending due to inadequate balance in the cess fund.
On the day the Prime Minister exhorted States to cut the VAT rate on petrol and diesel, the Finance Ministry announced that the Centre owes ₹78,704 crore to the states, Mr. Chidambaram said.
