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Lowering GST on automobiles would help the economy: Mahindra
short by Shruti Maria Mahendar / on Wednesday, 26 June, 2019
Mahindra Group Chairman Anand Mahindra has said lowering GST on automobiles would help the economy. The auto industry has a huge multiplier effect on small companies and employment, he tweeted. Mahindra's statements come amid a sales slump in the industry, with passenger vehicle sales recording the steepest decline in nearly 18 years in May when it dropped by over 20%.
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