The Consumption Dilemma
While Budget 2023 promises more disposable income, private consumption is unlikely to increase in a hurry.
While Budget 2023 promises more disposable income, private consumption is unlikely to increase in a hurry.
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
Financial saving in the household sector surged by 3.6 percentage points to 11.5% of gross national disposable income deposits in FY21, the highest in over two decades.