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Key amendments proposed in Union Budget 2024 in respect of consumer products and retail sector
The key highlights are:
- The Government has taken focussed steps on rural development, manufacturing, skilling etc which should provide an upliftment to the sector and pave the way for sustainable growth in the years to come
- Allocation of around INR1.52 lakh crore for agriculture and allied sectors
- Five schemes and initiatives to facilitate employment (including participation of women in the workforce), skilling and other opportunities
- Government will launch three schemes for employment-linked incentives