Budget 2023Budget 2023

Budget 2023 expectations from consumption & retail: Cautiously optimistic, especially rural markets

The government is likely to prefer indirect transfer of income which creates a multiplier effect on the economy to boost consumption

January 19, 2023 / 03:07 PM IST
Budget 2023 expectations from consumption & retail: Cautiously optimistic, especially rural markets

Apart from the FMCG sector, companies in the retail sector have been feeling the impact of lower consumer spends, owing to inflationary pressures

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights Rural markets saw some green shoots Consumption likely to get a boost, given that it’s a pre-election budget Govt likely to prefer indirect transfer of income to support consumption Dabur, HUL, Britannia, Varun Beverages, Relaxo Footwear, V-Mart preferred from budget perspective Budget 2023-24 will be the final one by the Narendra Modi government before the general elections in mid-2024. Also, several key states are slated to go in for elections in 2023. In the consumption space, currently, the rural markets are the pain points,...

  • PRO Panorama

    Moneycontrol Pro Panorama | Equity traders get the rough end of the stick

    Jan 27, 2023 / 04:57 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Should investors worry about turnover ratio, can banks pull up Nifty, problems ...

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender: The downsizing of Davos Man

    Jan 21, 2023 / 10:10 AM IST

    The World Economic Forum has been desperately trying to reinvent itself, but Davos Man’s heydays are a thing of the past

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers