2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tamil Nadu
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Karnataka
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Maharashtra
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Gujarat
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Detailed explanation-1: -UPSC Mains. Q. As per the recent RBI study, which state received the highest GST compensation from the centre? Notes: According to a study by the Reserve Bank of India (RBI), Maharashtra, Karnataka and Gujarat received the top GST compensation, during the five-year transition period from July 2017 to June 2022.
Detailed explanation-2: -Of the Rs 16, 982 crore owed to states in GST compensation, about 50 per cent will go to just six states: Maharashtra (Rs 2, 102 crore), Karnataka (Rs 1, 934 crore), Uttar Pradesh (Rs 1, 215 crore), Delhi (Rs 1, 212 crore), Tamil Nadu (Rs 1, 201 crore), and Punjab (Rs 995 crore).
Detailed explanation-3: -Maharashtra is the state with the highest GST at₹23, 598 crore. Karnataka becomes second with a collection of ₹ 10, 061 crore. Gujarat placed third with a collection of ₹9, 238 crore. Tamil Nadu come in fourth with a collection of ₹8, 324 crore. More items