- The central government released the second installment of goods and services tax (GST) compensation to states, of over Rs 14,100 crore, for the October-November period.
- States like Rajasthan, Punjab and West Bengal have asked finance minister Nirmala Sitharaman to ease the fiscal deficit limit under the Fiscal Responsibility and Budget Management (FRBM) Act to 5% from 3% for the ongoing financial year, release pending GST compensation and allow use of interest accruing to the Consolidated Sinking Fund.
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