Consumer and Internet
Budget 2022 | What the finance minister is doing ‘indirectly’ for consumption
01 Feb 2022

“In today’s budget, though there is no immediate relief for consumers or FMCG players, the increase in capital expenditure by 35.4 percent year-on-year to Rs 7.50 lakh crore is great news in the mid to long term. These will go a long way in increasing both direct and indirect employment due to a high multiplier effect, that is, approximately 2.5x for infrastructure investment,” said Purnendu Kumar, practice leader, consumer and retail, Praxis Global Alliance.

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