Budget 2021: What industry wants

India Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption. ET looks at the wish list of some key sectors:

Automobile
Incentive-based scrappage Policy for automobiles; funding for purchase of buses by states
Higher 25% depreciation rate for passenger vehicles & 2-wheelers
Reinstatement of investment allowance for component makers
Include EV industry in the priority sector lending category