Himachal Invokes Kyoto Protocol To Demand GST Compensation From Centre
Shimla:
The Himachal Pradesh government on Saturday urged the Centre to make some arrangement for hilly states in lieu of the revenue loss due to GST implementation and sought compensation on the pattern of the Kyoto protocol.
The Kyoto protocol, a global agreement signed in the Japanese city in 1997 with an aim to reduce carbon emissions, seeks to reward developing nations for adopting climate-friendly measures while prompting developed nations to cut greenhouse gas emission to a targeted level every year.
The state's Technical Education Minister Rajesh Dharmani invoked the 'Kyoto protocol' and raised the issue of compensation, an official statement issued here said.
Speaking at the 55th meeting of the GST Council held under the chairmanship of Union Finance Minister Nirmala Sitharaman at Jaisalmer in Rajasthan, Mr Dharmani took up the issue of GST compensation and urged introducing some arrangements so that hilly states like Himachal could be compensated for loss of revenue due to GST implementation.
