Retail sector Budget reaction quote: Durga Prasad Chalavadi, CMD, Sai Silks Kalamandir

“The Budget 2023 proposals will significantly increase consumption. It has put more money in the hands of the people through relief from Income Tax, which is a very great development. A reduction in income taxes should increase the disposable income of households and promote consumption. All facets of society – women, the middle class, and professionals alike – will profit from the government’s commitment to promoting growth and welfare-oriented measures.”