Overview

• The GST Council’s rate rationalisation came into force on September 22, which the Centre promoted as a Diwali relief for consumers.
• Telangana Chief Minister A. Revanth Reddy projected a nearly Rs 7,000 crore revenue loss and sought five years of Viability Gap Funding from the Union government.
• He urged Union Minister G. Kishan Reddy to escalate the issue, while Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka submitted a memorandum and plans a detailed follow-up letter.
• Andhra Pradesh estimates a revenue hit of about ₹20,000 crore and is intensifying dues collection, invoking the Revenue Recovery Act, filing FIRs for evasion, expanding registrations, and boosting non-tax and mining receipts.
• AP Chief Minister N. Chandrababu Naidu endorsed the consumer benefits and announced a month-long “Super GST – Super Savings” awareness campaign to highlight price reductions.