The Centre released the entire amount of Goods and Services Tax (GST) compensation payable to States up to May 31, 2022 by releasing an amount of ?86,912 crore.
The move is being done to assist the States in managing their resources and ensuring that their programmes, especially the expenditure on capital, is carried out successfully during the financial year.
States had been guaranteed a certain level of revenue for the first five years of the GST regime that was launched in 2017.
Founder of Jammu and Kashmir National Panthers Party Bhim Singh passed away in Jammu. He was 81.
Singh was also a human rights activist, author and a Supreme Court lawyer, who was re-elected unopposed as a senior executive member of the Supreme Court Bar Association.
Singh held several key positions in the Congress, from the president of the party’s Jammu and Kashmir youth unit to its national general secretary, before launching his own Panthers Party in October 1982.