The Budget for 2025-26 (Apr-Mar) must address the slowdown in urban consumption, which is getting more pronounced now, according to IDFC FIRST Bank Chief Economist Gaura Sen Gupta. "There is a need to boost urban consumption. We've had the past few budgets, which have focused on the rural side. We are lucky that the rural sector has got the support of a good kharif harvest and a good rabi harvest. Now, we need something for the urban sector," Sen Gupta told Informist in an interview.
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