Private consumption strong, Indian economy resilient amid slowdown: FinMin
Some reprieve has come on the merchandise exports during October 2023, says the finance ministry.
consumption
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₹2000 note withdrawal to boost consumption: SBI
"As per our estimate consumption demand may be frontloaded by Rs 55,000 crore," says SBI chief economic adviser Soumya Kanti Ghosh
India to remain fastest-growing G-20 economy over next few years: Moody's
India, the world's office, will also become a major manufacturer, says Moody's
The Consumption Dilemma
While Budget 2023 promises more disposable income, private consumption is unlikely to increase in a hurry.
Budget 2023: Tax relief won’t spur consumption, say experts
The FM has announced an increased capital investment outlay by 33.4% to ₹10 lakh, which could lead to employment generation in the mid to long-term and hence an increase in demand-led consumption
Budget 2023: The hidden trap in India’s consumer loan surge
‘Personal loans’, rather than credit to agri, industry, and services, remains at the top and drive credit offtake, which needs to be corrected to avoid low-middle income trap and stalling growth
Revenge consumption: consumers flock to stores as festivities near
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
Inflation poses significant challenges for FMCG firms: ITC
Private consumption remains subdued and below its pre-pandemic growth path while rural demand witnessed a marked slowdown, says ITC.
Budget 2022 unlikely to spur consumption in the short-term
Putting money in the hands of the consumers could have helped grow consumption, say experts.
Budget 2022: Boosting consumption key
Per capita consumption expenditure, a key indicator of household spending, had contracted in FY21, before regaining momentum in FY22.
