PANJIM: The Union Ministry of Finance released an amount of Rs 213.09 crore to Goa on Thursday under the back-to-back loan facility to meet the shortfall in GST compensation.
This was part of the Rs 40,000 crore that the Finance Ministry released to States and Union Territories (UT).
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As per the statement issued by the Ministry, out of the Rs 213.09 crore, Rs 125.19 crore is from the 5-year tenure and Rs 87.90 crore is from 2-year tenure (that is 5 and 2 years borrowings of Government of India in securities respectively).
