{"id":12024,"date":"2024-06-14T15:13:38","date_gmt":"2024-06-14T15:13:38","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=12024"},"modified":"2024-06-14T15:13:38","modified_gmt":"2024-06-14T15:13:38","slug":"the-state-has-suffered-financial-loss-for-last-three-years-along-with-other-states-as-the-union-finance-ministry-short-credited-togst-compensation-cess-fund-saidshiv-sena-mp-rahul-shewale","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/the-state-has-suffered-financial-loss-for-last-three-years-along-with-other-states-as-the-union-finance-ministry-short-credited-togst-compensation-cess-fund-saidshiv-sena-mp-rahul-shewale\/","title":{"rendered":"The state has suffered financial loss for last three years along with other states as the Union finance ministry short-credited toGST Compensation Cess Fund, saidShiv Sena MP Rahul Shewale."},"content":{"rendered":"<p>Shewale who represents South Central Mumbai Lok Sabha constituency is a member of Parliamentary  (PAC).<\/p>\n<p>The Comptroller &amp; Auditor General submitted its observations onGST CompensationCess Fund to the PAC which states that the finance ministry deposited Rs 56,146 crore as against Rs 62,612 <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> crore in 2017-18. According to the state finance department it suffered a loss of Rs 950 crore in 2017-18, said Shewale.<\/p>\n<p>In 2018-19 the short crediting to the account was Rs 40,806 crore. Shewale said the state was short of Rs 3,200 crore. In 2019-20 the <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> shortfall is Rs 3,200 crore. It affected the states revenue income and increased its <a href=\"https:\/\/exam.pscnotes.com\/fiscal-deficit\">Fiscal Deficit<\/a>, said the Sena MP adding the PAC was awaiting the response of the union finance ministry for the lapses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shewale who represents South Central Mumbai Lok Sabha constituency is a member of Parliamentary (PAC). The Comptroller &amp; Auditor General submitted its observations onGST CompensationCess Fund to the PAC which states that the finance ministry deposited Rs 56,146 crore as against Rs 62,612 crore in 2017-18. According to the state finance department it suffered a &#8230; <a title=\"The state has suffered financial loss for last three years along with other states as the Union finance ministry short-credited toGST Compensation Cess Fund, saidShiv Sena MP Rahul Shewale.\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/the-state-has-suffered-financial-loss-for-last-three-years-along-with-other-states-as-the-union-finance-ministry-short-credited-togst-compensation-cess-fund-saidshiv-sena-mp-rahul-shewale\/\">Read more <span class=\"screen-reader-text\">The state has suffered financial loss for last three years along with other states as the Union finance ministry short-credited toGST Compensation Cess Fund, saidShiv Sena MP Rahul Shewale.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094],"tags":[948],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The state has suffered financial loss for last three years along with other states as the Union finance ministry short-credited toGST Compensation Cess Fund, saidShiv Sena MP Rahul Shewale. - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/the-state-has-suffered-financial-loss-for-last-three-years-along-with-other-states-as-the-union-finance-ministry-short-credited-togst-compensation-cess-fund-saidshiv-sena-mp-rahul-shewale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The state has suffered financial loss for last three years along with other states as the Union finance ministry short-credited toGST Compensation Cess Fund, saidShiv Sena MP Rahul Shewale.\" \/>\n<meta property=\"og:description\" content=\"Shewale who represents South Central Mumbai Lok Sabha constituency is a member of Parliamentary (PAC). The Comptroller &amp; Auditor General submitted its observations onGST CompensationCess Fund to the PAC which states that the finance ministry deposited Rs 56,146 crore as against Rs 62,612 Subscribe on YouTube crore in 2017-18. According to the state finance department ... 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The Comptroller &amp; Auditor General submitted its observations onGST CompensationCess Fund to the PAC which states that the finance ministry deposited Rs 56,146 crore as against Rs 62,612 Subscribe on YouTube crore in 2017-18. According to the state finance department ... 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