Congress leader Rahul Gandhi on Monday took a jibe at the state governments that have agreed to the Centre's borrowing proposal on the GST
New Delhi: Congress leader Rahul Gandhi on Monday took a jibe at the state governments that have agreed to the Centre's borrowing proposal on the GST compensation issue and asked people as to why their chief ministers were "mortgaging" their future for Prime Minister Narendra Modi.
1. Centre promises GST revenue for States
2. Economy shattered by PM & Covid
3. PM gives 1.4 lakh Crs tax cuts to Corporates, buys 2 planes for himself for 8400 Crs
4. Centre has no money to pay States
5. FM tells States- Borrow
Why is your CM mortgaging your future for Modi?— Rahul Gandhi (@RahulGandhi) October 12, 2020Advertisement
In a tweet, Gandhi said, "1. Centre promises GST revenue for States. 2. Economy shattered by PM & Covid. 3. PM gives (Rs) 1.4 lakh Crs tax cuts to Corporates, buys 2 planes for himself for (Rs) 8400 Crs. 4. Centre has no money to pay States 5. FM tells States- Borrow."
"Why is your CM mortgaging your future for Modi?" Gandhi asked.
Rahul Gandhi and Narendra Modi
In August, the Centre gave two options to the states to borrow either Rs 97,000 crore from a special window facilitated by the Reserve Bank of India or Rs 2.35 lakh crore from the market. It had also proposed extending the compensation cess levied on luxury, demerit and sin goods beyond 2022 to repay the borrowing.
Following demand by some states, the amount of Rs 97,000 crore was increased to Rs 1.10 lakh crore.
