ilmscore | Prediction Details
"I think the biggest uh sector to benefit in my opinion is going to be consumption... people will have an additional 50,000 Rupees 1 lakh coming into their pocket... your tax saving is anywhere between 70,000 to 1.1 lakh so I'm going to spend more because if I have more money absolutely I feel like spending more so this is a boost for consumption it's a boost for consumption right and because like I said the positioning of the sector was already so bad and now if somebody's going to have 70,000 to 1.1 lakh of tax saved that is going to give a lot of go to consumption both discretionary and non-discretionary right so you will have sectors Pro probably like the fashion and retail Footwear quick service restaurant jewelry Auto and fmcg in general I think this sector probably will end up doing very well"
By Finance With Sharan | February 2, 2025 | Pending
From video
Budget 2025 Simplified: How Will It Impact You? Experts Break It Down 00:27:58 - 00:30:53
Interpreted Prediction
The consumption sector is predicted to perform very well due to increased disposable income resulting from tax savings (estimated at INR 70,000 to INR 1.1 lakh for incomes between 12-25 lakhs). This will boost both discretionary and non-discretionary spending, benefiting sectors like fashion, retail, footwear, QSR, jewelry, auto, and FMCG.

Prediction Details

Topic
Consumption Sector Growth

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