Stalemate persists after states rebuff Centre’s GST offer

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said: “Though the Centre has increased the borrowing limit under option one, the same is not expected to pacify the opposition-ruled states and they are expected to stick to their guns in the upcoming meeting on October 12th, forcing the centre to either constitute a committee of ministers or formulate another dispute resolution mechanism to bring consensus.”