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India prepares a $20-billion big push for slowing economy

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    • ENS Economic Bureau Tags : economy, india Posted: Thursday , Dec 04, 2008 at 0114 hrs
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    To give a fillip to the automobile industry, besides special terms of credit to companies, the government is also set to cut excise duty rates on commercial vehicles whose sales plunged 36 per cent in November. At present, the excise duty on buses is 12 per cent and on trucks, 14 per cent.

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