Government measures including tax rate benefits, repo rate cuts, and open market operations are expected to boost consumption in India, though the impact may take a few rate cuts to become visible.
"second thing that the government did recently everyone knows about that is the tax rate benefit that was given in the budget up to 12 lakh Zero everyone knows about that ... and the third thing is about lowering of repo rates and again I'm sure you have also you also know about this you can also see the article on the screen right now wherein everyone know 25 basis points a rate cut has been already announced and there might be few more rate cuts which are lined up as well So with all these three things which three things open market operation by RBI tax rate cuts by the government and also lowering of the repo rate by RBI all these things will lead to an overall boost in the consumption"