Tue Sep 23 11:15:14 UTC 2025: **Summary:**

Telangana Deputy Chief Minister Bhatti Vikramarka Mallu and Kerala Finance Minister K.N. Balagopal will participate in “The Hindu Mind” series on September 25th in New Delhi. They will discuss the implementation of GST 2.0 and its impact on state finances, particularly in light of recent GST rate rationalizations and disagreements between states and the central government regarding compensation for revenue losses. The discussion will also address broader economic challenges facing India, such as headwinds affecting exports and private investment.

**News Article:**

**GST Debate Heats Up: Telangana and Kerala Finance Ministers to Discuss Revenue Concerns**

**New Delhi – September 23, 2025** – As GST 2.0 rolls out, the debate over its impact on state finances intensifies. Telangana Deputy Chief Minister Bhatti Vikramarka Mallu and Kerala Finance Minister K.N. Balagopal are set to discuss these critical issues at the upcoming edition of “The Hindu Mind” series on September 25th in New Delhi.

The discussion will center around the implementation of the Goods and Services Tax (GST) and its effects on state revenue, particularly in light of recent rate rationalizations. Both ministers were among the eight state finance ministers who previously urged the GST Council to compensate states for revenue losses stemming from the Centre’s GST rate cuts. Their proposal for a cess on items in the 40% slab was ultimately rejected.

The ministers’ appearance comes as concerns mount regarding the financial implications of GST 2.0. While the central government projects a ₹48,000 crore revenue hit due to rate rationalizations, some states, like West Bengal, anticipate significant losses.

The discussion is expected to delve into the broader economic landscape, including challenges facing exports and private investment, adding further urgency to the conversation surrounding state finances and GST’s evolving role in India’s economic future.

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