Jharkhand Finance Minister projects 2000 crore rupee revenue loss from GST cuts in auto and cement sectors

timesofindia.indiatimes.com

Jharkhand faces an estimated Rs 2000 crore revenue loss due to GST rate cuts, primarily impacting the auto and cement sectors. Finance Minister Radha Krishana Kishore stated these reductions benefit a small segment of the population and called for central compensation for the losses. The minister also discussed potential CSR fund approval by the state government and concerns about delayed central grants and resource allocation.


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Jharkhand Finance Minister projects 2000 crore rupee revenue loss from GST cuts in auto and cement sectors | News Minimalist