Union Budget 2024: Retailers seek focused measures to boost consumption amid challenges

Retailers in the country have urged the government to prioritise growth-oriented measures to stimulate demand and consumption in the upcoming Interim Budget 2024 on February 1. They want the government to outline measures to increase consumption while simultaneously managing inflation.

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In their budget expectation, the Retailers Association of India (RAI) said that the budget must prioritise growth-oriented measures to stimulate demand and consumption. The budget should outline supportive policies, simplified regulations, focus on skill development, and simplify goods and services tax (GST) norms to aid in developing the retail industry, they said.

Read more at: moneycontrol

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