Dr Thomas Isaac – Finance Minister, Kerala:

Some of the States are likely to approach SC against discriminatory and illegal action of Centre regarding GST Compensation.

Kerala CM to chair a meeting of law, tax and finance departments and advocate general to take final decision on Kerala’s stance tomorrow afternoon.

3rd poorest in South Asia

According to IMF, with catastrophic economic collapse India will slide to 3rd poorest in South Asia with only Pakistan and Nepal reporting lower per capita GDP.

Even Bangladesh would move ahead of India with $1888per capita as against India’s $1877 in 2020. Total policy failure!