Hyderabad, Oct.5 : Telangana finance minister T Harish Rao today asked the centre to take loans and provide GET arrear amounts to the states.
From Secretariat buildings of BRKR Bhavan, Harish Rao has attended the GST Council meeting addressed by Union Finance Minister Nirmala Sitharaman from Delhi.
IGST council meeting comprising group of ministers today instructed officials to prepare details of report seeking the centre to clear Rs 25000 crore arrears to the state. The meeting sought the centre to clear the arrears to the states as per GST norms.
On the occasion, the minister has urged the centre to release the funds immediately to the states by taking loans. The centre has collected six months cess and to release three instalments to the states, he said. He made a fervent appeal to Nirmala Sitharaman to ensure that the centre did not ask the states to obtain loans instead of giving.
It is unfair on the part of the centre to delay the, arrears he pointed out. He recalled that the IGST meeting of members was held on October 1 has urged the centre release arrears.
IGST council meeting comprising group of ministers instructed officials to prepare details of report seeking the centre to clear Rs 25000 cr arrears to the state he said The meeting sought the centre to clear the arrears to the states as per GST council norms. He said that the centre has to release immediately Rs 2638 cr to Telangana and Rs 1000 cr annual returns.
Harish Rao said that CAG in its report to parliament has said that the centre has used Rs 25000 crore GST funds of the states to consolidated fund. IGST convenor and Bihar deputy chief minister, Sushil Modi has agreed to urge the centre for the arrears to the states. He said that the meeting asked the officials to give a report of details to be submitted to the centre.
The finance ministers of the member states attended were Delhi, Punjab, Charlttisgarh, Odisha and Tamil Nadu. Nirmala Sitharaman has reportedly said that the centre will to take steps in this regard. (NSS)