How Indian consumer is feeling confident again as festival season begins

As the 2022 festival season begins, Indian consumers are feeling confident about spending again. If initial signs of inflation easing are sustained, consumer confidence will see a marked turnaround in the coming months, Economist Radhika Pandey tells Managing Editor Y.P. Rajesh in ThePrint #MacroSutra.
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[rohanindra]

India is not ache din as Modi thinks but not a disaster either. Indians are very well versed in English but also very insular. Do you people think only India is suffering inflation? Lol. Complaints about GST but less than 10% pay income tax. What are you people complaining about? Yes diesel/petrol price is high but roads have drastically improved (except Bangalore lol). Would you prefer that whenever there was suffering government gave you handout but no roads/metros couldve afforded to be built in process? Does money grow on trees?

[joshua_ch]

There is a case for focused capital expenditure in second tier cities given the subdued urban sentiment. Perhaps metro rails, ring roads, sewage treatment plants etc, can be fast tracked to get jobs and money flowing there.

[GulshanKumar-fklm]

Unorganized sector suffering as inflation is high & daily wager getting poorer.

[rkdeveloper]

Pm Modi ji best Pm👍🇮🇳🔥✌️🔥🙏🌷🇮🇳👍🇮🇳✌️🔥🙏🇮🇳👍

[Vizorfam]

All this so called festival season does nothing except making rich People more rich especially for majority of this country who celebrate so many so called festivals

[aniltuli]

🤔 We all need to be optimistic under all circumstances... and that too always...
No offence intended... but when it comes to data released by a government agency... that too under the reigning political party...
the authenticity of the released figures come under a big big ❓mark...
🙏

[mohamedhabib]

The data show that it will take some MORE time (about 2-3 years) before all these parameters reach the 2018-19 peak. Nothing to celebrate NOW. Modi Raj is NOT focused on the Demand Side (Consumer Side) of the Economy, but on the Supply Side (the Corporate or Management Side) of the Business. It is a well known paradigm globally that Demand Side is the winning side and Supply side always lags behind. Logically, Consumer Demand must dictate terms to the Supply side. But Modi Raj believes in the reverse. That's why their Policy priorities are AGAINST the Consumers.. So, that is NOT a winning Strategy for Indian Consumers! This predicts that 2021-22 will NOT be a bright year for Indians! Wait & watch!

[bukbytesindia]

please pronounce primarily correctly in future.

[aonea]

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