Shimla, Sept. 5 -- Welcoming the reduction in GST slabs, industry minister Harshwardhan Chauhan on Thursday expressed concern over reduction in revenue collection of Rs.1,000 crores for Himachal Pradesh facing fiscal challenges.

Speaking to media persons, Chauhan on Thursday said, "Reducing the GST rate is a welcome step. This will provide relief to the common man. Some things will become cheaper. But, this will reduce the revenue collection of Himachal." He said that the change in GST slab will cause a loss of about Rs.1,000 crore.

He said, the states where there is non BJP government, have openly started demanding to bear the loss caused by reducing the GST slab.

Adding, he said, "Himachal is already facing fiscal challenges owing to...