Budget 2025: Charting a new growth path as demand rises, concerns remain

Challenges 

- Private consumption in the economy remains non-inclusive with concerns around regional variations and inequality.

- Consumers remain pessimistic regarding the current economic situation  possibly due to increased prices of essential items. 

  Takeaways

  - Tax-relief for the middle class will leave them with more disposable income, boosting household consumption.

- Increased focus on rural development and agriculture should increase rural consumption,  alleviating concerns of non-inclusivity.