Vikram Agarwal of Cornitos Applauds Budget’s Focus on Consumer Spending and Healthier Food Accessibility

By-Vikram Agarwal, Managing Director, Cornitos

 “The budget strategically focuses on strengthening the consumer spending and purchasing power. The proposed increase in income tax exemption slab will boost investments and consumption, which will have a positive impact on the FMCG and retail sectors. In addition, considering the growing awareness of healthier food options and the increase in the demand for nutritious food, the government’s initiative towards improving the accessibility and affordability of these essential food items in itself is a remarkable move. These significant steps along with the investments in rural infrastructure and health sectors will accelerate the overall growth of the economy.”