{"id":7861,"date":"2025-07-07T21:22:49","date_gmt":"2025-07-07T15:52:49","guid":{"rendered":"https:\/\/bijmrd.com\/?p=7861"},"modified":"2025-07-25T23:59:17","modified_gmt":"2025-07-25T18:29:17","slug":"central-government-financing-in-the-post-gst-era-trends-issues-and-challenges","status":"publish","type":"post","link":"https:\/\/bijmrd.com\/index.php\/volume3-issue6\/central-government-financing-in-the-post-gst-era-trends-issues-and-challenges\/","title":{"rendered":"Central Government Financing in the Post-GST Era: Trends, Issues, and Challenges"},"content":{"rendered":"\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Author: Shubham Deep<\/strong><\/p>\n\n\n\n<p><strong>DOI Link:<\/strong><a href=\"https:\/\/doi.org\/10.70798\/Bijmrd\/03060021\"> <\/a><a href=\"https:\/\/doi.org\/10.70798\/Bijmrd\/03060023\">https:\/\/doi.org\/10.70798\/Bijmrd\/03060023<\/a><\/p>\n\n\n\n<p><strong>Abstract:<\/strong> The introduction of the Goods and Services Tax (GST) in 2017 marked a watershed moment in India\u2019s fiscal federalism. While it aimed to simplify the indirect tax structure and enhance revenue efficiency, the post-GST era has ushered in a new set of challenges in central government financing. This research article critically examines the evolving landscape of central government finance in the post-GST regime by analyzing trends in revenue generation, expenditure patterns, compensation mechanisms to states, and the implications for fiscal autonomy. The study also highlights emerging issues and challenges, such as revenue shortfalls, compensation cess uncertainties, and intergovernmental tensions. Through a review of government data, finance commission reports, and scholarly analyses, the article provides a nuanced understanding of India&#8217;s central financial administration in the wake of GST.<\/p>\n\n\n\n<p><strong>Keywords:<\/strong> Central Govt. Financing, Revenue, GST, Trends, Challenges.<\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color\"><strong>Page No: 213-218<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-ast-global-color-6-background-color has-background wp-element-button\" href=\"https:\/\/bijmrd.com\/wp-content\/uploads\/2025\/07\/213-218.pdf\">download journal<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Author: Shubham Deep DOI Link: https:\/\/doi.org\/10.70798\/Bijmrd\/03060023 Abstract: The introduction of the Goods and Services Tax (GST) in 2017 marked a watershed moment in India\u2019s fiscal federalism. While it aimed to simplify the indirect tax structure and enhance revenue efficiency, the post-GST era has ushered in a new set of challenges in central government financing. This &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bijmrd.com\/index.php\/volume3-issue6\/central-government-financing-in-the-post-gst-era-trends-issues-and-challenges\/\"> <span class=\"screen-reader-text\">Central Government Financing in the Post-GST Era: Trends, Issues, and Challenges<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":"","_joinchat":[]},"categories":[36],"tags":[],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":false,"author_link":"https:\/\/bijmrd.com\/index.php\/author\/asraful-alibiswas\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/bijmrd.com\/index.php\/category\/volume3-issue6\/\" rel=\"category tag\">Volume3 Issue6<\/a>","rttpg_excerpt":"Author: Shubham Deep DOI Link: https:\/\/doi.org\/10.70798\/Bijmrd\/03060023 Abstract: The introduction of the Goods and Services Tax (GST) in 2017 marked a watershed moment in India\u2019s fiscal federalism. While it aimed to simplify the indirect tax structure and enhance revenue efficiency, the post-GST era has ushered in a new set of challenges in central government financing. This&hellip;","_links":{"self":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/7861"}],"collection":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/comments?post=7861"}],"version-history":[{"count":1,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/7861\/revisions"}],"predecessor-version":[{"id":7863,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/7861\/revisions\/7863"}],"wp:attachment":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/media?parent=7861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/categories?post=7861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/tags?post=7861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}