No Quick Fix for Consumer-facing Firms in Budget

No Quick Fix for Consumer-facing Firms in Budget

The Union Budget shied away from offering any quick fix to the problem of low demand for consumerfacing sectors.

No Quick Solutions
Arnab Dutta
  • Feb 25, 2022,
  • Updated Feb 25, 2022, 6:07 PM IST

The Union Budget shied away from offering any quick fix to the problem of low demand for consumerfacing sectors. Its focus on infra development and job creation points to an effort to generate demand in the mid-to-long term. Industry leaders like Hindustan Unilever Chairman and MD Sanjiv Mehta now believe that consumer demand may stage a comeback by the second half of the year.

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