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Can consumption get a lift from the Budget 2025?

Bharat Gianani & Khushboo Rai & Varsha Bang   •

The govt’s focus will continue to be on infrastructure and job creation. However, given the fiscal constraints and depreciation of the INR against the USD, the govt has limited space to provide direct consumption boost.

We expect the Budget to be neutral to marginally positive for the consumption sector.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More