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Leg up for ailing auto industry
August 23, 2019
Boost for the auto industry: 

-- Finance minister says depreciation rate hiked on vehicles purchased till March 2020 to 15 per cent. 

-- Govt lifts bans on purchase of new vehicles for govt departments. 

-- Euro IV-compliant vehicles purchased till March 2020 to remain operational till registration lasts.  

-- Government to consider measures including scrappage policy for auto sector.
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