Lower Inflation, Reduced Interest Rates To Boost Private Consumption In FY26: Report
New Delhi: Healthy farm incomes should provide support to rural incomes next fiscal (FY26) and lower inflation and scope for reduced interest rates should improve purchasing power for discretionary spending in India, a report showed on Wednesday. This fiscal, real private consumption growth revived to 7.3 per cent from 4 per cent last fiscal. “What’s…