Government needs to focus on increasing consumption and improving sentiments at consumer level

Union Budget Expectation 2020

Government needs to focus on increasing consumption and improving sentiments at consumer level
Mr. Vinod Kumar Gupta, Managing Director, Dollar Industries Limited.

"In view of the current economic slow-down the Government needs to focus on increasing the consumption and improving the sentiments at the Consumer level. A lot of expectation is around decreasing the Personal Income Tax so as to increase the disposal income in hands of common man. This would result in enhancing consumer spending to start the cycle of consumption, demand and supply. In textile Sector, the focus of the Government should be on increasing the Textiles Exports by providing better incentives to the exporters; to make it more competitive in international market as compared to our neighbouring countries. This Government is capable of taking challenges head on. They must work hard to face the challenges."

-Mr. Vinod Kumar Gupta, Managing Director, Dollar Industries Limited