Bhopal (Madhya Pradesh): The Finance Department has begun closely monitoring market trends for the next three months to assess possible impact of new GST regime on state revenue.

Officials said if the expected revenue loss is not offset by market sales, the government may consider imposing austerity measures to maintain financial stability.

A senior finance officer said it is too early to determine actual impact on revenue, so a detailed review will be made after observing market behaviour for a quarter. Read Also MP News: Narsinghpur Police Reunite Missing Mother-Daughter Duo With Family After 1.5 Years; Were...

Depending on the outcome, departments could be instructed to curb non-essential spending, such as vehicle purchases or projects not deemed urgent.

Chief Minister Mohan Yad

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