How can Budget 2025 make the consumer retail sector get back on its growth trajectory

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How can Budget 2025 make the consumer retail sector get back on its growth trajectory - Economic Times

Quick Summary:

Budget expectations in consumer retail sector include higher income tax exemptions, GST reductions on essential items and incentives for rural market development and electronics manufacturing to stimulate consumption and economic growth.

In addition to continued spending on rural schemes, FMCG and Retail players are looking for policy support to drive rural distribution efficiency and innovation.

One of the key factors behind slow growth appears to be sluggishness in urban demand as flagged by most consumer sectors such as FMCG, Consumer Electronics, Home & Household, Lifestyle accessories etc.