'Act of sovereign default': Hemant Soren writes to PM against Centre's GST compensation proposal
Ranchi: Jharkhand Chief Minister Hemant Soren wrote to Prime Minister Narendra Modi on the centre not giving full GST compensation to the states, saying this "act of sovereign default" runs against the very spirit of the cooperative federalism. In a letter addressed to the prime minister, Soren said this is symptomatic of the "withering trust" between the centre and the states. In the letter, dated 4 September, Soren said the states were given assurance that the centre would compensate the losses they suffer for the next five years, but it has just been three years, and "we find ourselves deserted". "Reluctance and inability of the GOI to give full compensation to the states is a betrayal of the commitment it made in the Union Parliament and also in all the council meetings held so far (sic)," the chief minister said. Soren is the latest non-NDA chief minister to come out against the centre's offer on the Goods and Services Tax (GST) com