The Confederation of Indian Industry (CII) has suggested excise duty cuts in petrol and diesel and a hike in key minimum wages in the upcoming Union budget to boost consumption amid high inflation.
In a statement on Sunday, the industry body said it wants to see targeted interventions to boost consumption, especially at the lower income level, including an increase in the daily minimum wage under the Mahatma Gandhi National Rural Employment Guarantee Scheme and raise in the annual payout under the PM-KISAN scheme.
Esta historia es de la edición December 30, 2024 de Mint Bangalore.
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