Since the pandemic, the US economy has outperformed its global peers. Buoyant consumers have been one part of the story. A second, less often-discussed growth motor has been stronger investment.
It said, "A push for the lower and middle-income households - where the propensity to consume is high -- could provide the much-needed sentiment boost to get the private investment cycle rolling." ...
The Union Budget 2025's focus on supporting lower- and middle-income households could help revive private investment in the economy, according to a report by HDFC Bank. The Tribune, now published ...