Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance that the government is in no position to pay the GST share of States as per the current revenue sharing formula.
The GST Act has provisions to rework the formula for paying compensation to the State governments if the revenue collection drops below a certain threshold.
The Finance Ministry said the Centre had released the final installment of ?13,806 crore of GST compensation for the financial year 2019-20.
The International Tiger Day is celebrated annually on July 29 to spread awareness about the need to protect tigers which are an endangered species. Tigers have lost 90% of their natural habitat and their world population is less than 4,000.
The realization that the wild tiger population has dropped by more than 95% since the beginning of the 20th century, led to the creation of International Tiger Day.
The day was marked for the first time in November 2010 at the 'Saint Petersburg Tiger Summit' in Russia, which aimed to promote a global system for protecting the natural habitats of the big cats and to raise public awareness and support for tiger conservation issues around the world.
India captain Virat Kohli and his deputy Rohit Sharma continue to occupy the top two batting spots in the ICC ODI rankings.
In the bowler's list, Bumrah (719) is behind New Zealand pacer Trent Boult (722), while Afghanistan’s Mujeeb Ur Rahman (701) occupies the third spot.
Ravindra Jadeja is the lone Indian to feature in the top 10 all-rounders rankings at the eight spot. Afghanistan’s Mohammad Nabi is a leading pack in this category, closely followed by England all-rounder Ben Stokes.