In the interim budget, the government will seek permission from Parliament to meet its expenses for four months of the financial year 2024-25. This may include proposals to solve immediate economic problems that cannot wait for four months. According to experts, there is an urgent need to address issues related to sluggish consumption demand in the economy. Rajat Wahi, partner, Deloitte India, said that companies have increased the prices of most of the FMCG and daily-use products in the last eight-10 quarters. Companies have had to take this step due to increase in production costs. He said that in such a situation, the impact of global supply chain, increase in production cost, inflation, high interest rates. People of low income group are being affected by all these things. This is not the situation only in rural areas, but the poor in urban areas are also suffering from it.
