Left Targets Centre Over ″Act of God″ Remark On GST Revenue Shortfall

The CPI(M) on Friday hit out at the government over the shortfall in GST revenues and claimed it was "blaming the heavens" after its "cronyism, incompetence and callousness" destroyed the economy.

The Centre on Thursday placed before the GST Council two options for borrowing by states to meet the shortfall in GST revenues pegged at Rs 2.35 lakh crore in the current fiscal.

Briefing reporters after the 41st meeting of the GST Council, Union Finance Minister Nirmala Sitharaman said the economy has been hit by the COVID-19 pandemic, which is an ''Act of God'', and it will see a contraction in the current fiscal.