Retailers Association of India CEO Kumar Rajagopalan said

the budget's focus on 'Transform, Energise and Clean' India has some immediate-term as well as long-term impact on business in general, and retail in particular.

"We have already witnessed a big tilt towards modern retail post demonetisation and the measures proposed in the Budget will further accelerate the pace. We await implementation of GST to further the cause of chain store and omni-channel retail in the country," he said.

Shoppers Stop Customer Care Associate & Managing Director Govind Shrikhande said the modification in the tax slabs would boost consumption and create demands.

"Modification of the Income Tax in the sub 5 lacs slab to 5 per cent could moderately boost consumption. Here again, consumers seem to have been left wanting for more. We were hoping for broader and more impactful changes to boost consumer demand," he said.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)