India Consumption Economy News

News

Aspiring, affluent households driving India consumption growth

Households with income ₹5-20 lakh per annum contributed 43% of the ₹110 trillion annual consumption in India in 2018, says a BCG reportDomestic consumption in India in the last decade increased 3.5 times from ₹31 trillion to ₹110 trillion, says the report

3 min read27 Feb 2019
Opinion

A generational shift in consumption and debt

Changing attitudes, low penetration, availability and data mining are immediate tailwinds, while better asset ownership records could be a medium-term driver

5 min read15 Jul 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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