Consumer Sector 2021

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha

Union Budget 2021: Nirmala Sitharaman should provide tax relief so tourists can spend more

Clean and safe heritage and leisure destinations are need of the hour

Union Budget 2021: After pandemic disruption, time to focus on demand side of economy

The economy has lately shown some green shoots and several high-frequency indicators are reaching the pre-COVID level of production, bolstered by a combination of festive/pent-up demand.

Union Budget 2021: Lower GST rates for refrigerators, air conditioners, says electronics sector

Lowering the GST tax slabs for eco-friendly and energy-efficient products like 4 star, 5 star, and inverter air conditioners and refrigerators will drive demand

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so

Union Budget 2021: Offline retail hard hit by pandemic; seeks relief in taxation, rationalisation of licensing process

All eyes are now on how Budget 2021 will address the expectations and challenges faced by the Indian retail sector.

Union Budget 2021: Govt must redirect focus on resolving demand-side issue for economic recovery

Sunil Kumar Sinha of India Ratings warned that even if the supply-side bottlenecks get restored on account of various RBI measures it may soon run into difficulties due to the lack of adequate demand

Union Budget 2021: Gems, jewellery industry seeks reduction of import duty to 4%

All India Gem and Jewellery Domestic Council chief Ashish Pethe said the EMI facility should be extended to their industry and to increase the cash purchase limit to Rs 1 lakh from Rs 10,000

Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year

The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19