Budget to spur FMCG demand with focus on jobs, infra & agriculture

Nirmala Sitharaman’s Budget, focusing on job creation, infrastructure, education, and rural development, is set to stimulate rural consumption. Increased allocations and fiscal consolidation boosted the Nifty FMCG index. Parle Products predicts higher spending; Dabur India and Angshu Mallick see demand growth. Standard deductions raised to Rs 75,000. Grant Thornton Bharat mentions Rs 1.52 lakh crore for the agricultural sector.