This transformation reflects a growing recognition that sustainable economic growth requires a robust consumer base along with infrastructure improvements.
Global markets, now, face significant turbulence following Trump's announcement of new tariffs: 25 per cent on Canadian and Mexican imports, and 10 per cent on Chinese goods.
The government is banking on rekindling animal spirits and encouraging the private sector to take the lead in investments by prioritising consumption growth and strengthening the health of the agriculture sector.
The story "Capex to consumption: Budget 2025 is growth formula amid global headwinds" has 741 words across 32 sentences, which will take approximately 4 - 7 minutes for the average person to read.
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The story "Capex to consumption: Budget 2025 is growth formula amid global headwinds" was covered 5 hours ago by Business Standard, a news publisher based in India.
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