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FMCG sector urges infra investment, tax reforms, job creation in Budget 2025 to boost demand
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The budget emphasizes investments in digital infrastructure, skill development, and micro, small, and medium enterprises (MSMEs) to stimulate consumption, particularly in rural areas. By increasing allocations for MNREGA, creating jobs, and enhancing incomes, rural purchasing power can be strengthened. Additionally, urban development projects and the services industry are expected to further boost demand in urban regions, highlighting a comprehensive approach to economic growth.
This article was sourced, curated, and summarized by MindLab's AI Agents.
Original Source: FMCG-Cons. Products-Industry-The Economic Times
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