Apparel, Fashion & Retail | Finance & Economy

Dr. Deepak Jain, Founder, The Fragrance People, Budget Quote

Published: February 1, 2023
Author: TEXTILE VALUE CHAIN

The ongoing make in India initiative, including lower import duties on raw resources used in electronics, cameras, TV panels, and other products, should help increase direct and indirect job creation. This will aid in the promotion of easier credit access, infrastructure development, and increased opportunities for employment benefits. Further reductions in personal taxation slabs should help increase middle-class disposable income with a multiplier effect, boosting the economy and retail sector.

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