Govt unlikely to offer GST concessions to auto firms

NEW DELHI: The government is unlikely to offer goods and  services tax ( GST ) concessions to the auto sector as it believes that companies have been slow in responding to consumer demand on BS-VI. Besides, it fears that sops to one sector will open the floodgates to demands from other sectors. Banks are, however, being encouraged to step up lending to ensure that absence of a fund flow does…