💨 Abstract
The Union Budget 2025 aims to revive private investment by focusing on lower and middle-income households, as per a report by HDFC Bank. Weak consumer demand, affecting corporate sentiment, may find a push with these budget measures. The report suggests that boosting consumption among these groups could stimulate economic growth, encourage private investment, and increase GDP growth to 6.6% in FY26.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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