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Dolat Capital: Sitharaman Announces Measures To Boost Consumer Spending - Key Highlights

Dolat Capital: FM Nirmala Sitharaman Announces Measures To Boost Consumer Spending

Nirmala Sitharaman, India’s finance minister, wears a protective mask while speaking during a news conference in New Delhi, India. (Photographer. T. Narayan/Bloomberg)
Nirmala Sitharaman, India’s finance minister, wears a protective mask while speaking during a news conference in New Delhi, India. (Photographer. T. Narayan/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Since the advent of the Covid-19 crisis the economy has been grappling with pressures both on the supply side and the demand side.

With consumer confidence severely hit, the revival of demand remains the key concern for the government.

To address this pressing concern, the Finance Minister Nirmala Sitharaman came in the fore front to announce a slew of measures aimed at boosting demand through consumer spending (approx. Rs 36,000) and capital expenditure (approx. Rs 37,000).

With a conservative estimate of infusing a demand (inclusive of public plus private sector) of approximately Rs 1 lakh crore through the said measures, the announcements mark as a major catalyst to boost growth going ahead.

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Dolat Capital Key Highlights FM Annoucements focused at Consumer Spending.pdf

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