Budget must focus on consumption, capex, jobs: CII president Sanjiv Puri

| 11 Jan 2025 10:13 AM IST

Puri said consumption could be given an impetus through excise duty cut on fuel and reducing personal income tax rates for incomes up to ₹20 lakh per annum

NEW DELHI: Confederation of Indian Industry (CII) president Sanjiv Puri is confident that India’s GDP will grow in the range of 6.4%-6.7%, but thinks there are five things the Union Budget could do to accelerate the country’s growth. Edited excerpts from an interview

This Monday (January 6) Indian share market fell sharply on concerns over Q3 earnings. This came on the heels of a lower-than-expected GDP growth estimate for 2024-25.

In your assessment, what is the situation on the ground? Will we achieve a growth rate on the upper side of the official range of 6.5% to 7%?

Tags: BudgetBudget 2025Income taxGDP

Categories: Business & Economy

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