New Delhi, Jan. 19 -- The Finance Ministry on Monday released the 12th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.

Out of this, an amount of Rs 5,516.60 crore has been released to 23 states and an amount of Rs 483.40 crore has been released to 3 Union Territories (UT) with Legislative Assembly (Delhi, Jammu & Kashmir and Puducherry) who are members of the GST Council. The remaining 5 states - Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim - do not have a gap in revenue on account of GST implementation.

Till now, 65 per cent of the total estimated GST compensation shortfall has been released to the states and UT with Legislative Assembly. Out of this, an amount of Rs 65,582.96 crore...