Arun Jaitley writes a letter to Telangana CM

Union Finance MinisterArun Jaitley -kcrChief minister K.Chandrashekar Rao to ensure the process for the ratification of the Constitution (122nd Amendment) Bill , 2016.

Jaitley suggested that (if necessary ) a special session of the state assembly should be convened.

GST bill passed by parliament required to be ratified by the legislatures of not less than one-half of the states.

Jaitley assured that revenue loss caused to the states on account of implementation of GST for a period of five years will be compensated by center.