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HomeNewsOpinionA sizeable boost for urban consumption in Budget, will private capex revive now?

A sizeable boost for urban consumption in Budget, will private capex revive now?

Significant tax savings for the middle class should lead to higher spending on consumption, bringing cheer to investors in consumer stocks. The bigger impact could be in encouraging these companies to invest in capacity

Overall, a robust domestic consumption economy –urban and rural-- is what is needed for companies to become confident about investing in capacity

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