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Budget 2024 reinforces multiple positives; good macro conditions expected to continue: Shreyash Devalkar
Regarding the consumption part of the economy, the market was probably expecting more. However, some state budgets have announced spending measures that may support consumption. Although the central budget didn't show much in this regard, policies related to job creation, transfers to states, and rural housing schemes are definitely going to support the consumption sector as well. Overall, this budget broadly reinforces the previous stance.