GST Reforms to Cost Puducherry ₹190–200 Cr: Minister |

Description Puducherry may lose ₹200 crore revenue due to GST reforms, says Minister K. Lakshminarayanan, but higher trade and consumption could offset the loss.
Puducherry’s Public Works Minister K. Lakshminarayanan has announced that the Union Territory may face a revenue loss of ₹190–200 crore following the implementation of upcoming GST reforms. While the shortfall poses fiscal challenges, he expressed confidence that higher trade volumes and increased consumption would help bridge the gap.

The government is also considering measures to boost economic activity and maintain financial stability, while ensuring that the reforms contribute to long-term growth and better compliance