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‘Govt Must Cut GST, Improve Liquidity For Auto Sector’

‘Govt Must Cut GST, Improve Liquidity For Auto Sector’ LokMarg visits Gurgaon and Manesar, the Motown hub of North India, to speak to ancillary unit owners, auto trade union leaders and experts about the slowdown in automobile sector. The picture is grim. Jobs are being lost in lakhs and unit after units are downing their shutters. Most feel the market reforms came one too many and too fast. They believe the sector is in dire need for a lower GST bracket and better liquidity for the small unit owners. They hope to see a revival only if government steps in.
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