Budget 2024: Higher disposable income to boost consumption
The Budget’s measures are set to reshape consumption patterns and drive growth within the FMCG sector
disposable income
July 2024
February 2023
May 2022
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
Indians saved more in FY21; jobs back in FY22: SBI
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.
