<span style="color: #222222;">Bihar Deputy Chief Minister Sushil Kumar Modi will head the seven-member Group of Ministers (GoM) to look into the revenue shortfall being faced by states following the roll out of Goods and Services Tax (GST).</span><br />'' <br />'' <span style="color: #222222;">The GST Council, headed by Finance Minister Arun Jaitley, had decided to set up the GoM at its meeting recently. As per a GST Council notification, the committee will suggest steps for augmenting collections. It will undertake data analysis and suggest measures for course correction.</span><br />'' <br />'' <span style="color: #222222;">Several states, including Bihar, Punjab, Himachal Pradesh, Uttarakhand, Jammu and Kashmir, Odisha and Gujarat are facing revenue shortfall.</span><br />'' <br />'' <span style="color: #222222;">The states have faced revenue shortfall in the range of 14 to 37 per cent in the April to November period.</span><br />'' <br />'' <span style="color: #222222;">Among the Union Territories, Puducherry is facing maximum shortfall of 43 per cent.<br />''</span><br />'' <span style="color: #222222;">Of the 31 states, only Andhra Pradesh and five north eastern states — Mizoram, Arunachal Pradesh, Manipur, Sikkim and Nagaland — have recorded revenue increase post the GST roll out.</span><br />
News On AIR | January 13, 2019 1:47 PM
Sushil Modi to head GoM on GST revenue shortfall faced by states