consumption in 2021 as well, according to a report by The Boston Consulting Group (BCG) on Thursday.In the current fiscal, consumption is seen down 10-12%, reaching pre-covid levels only by 2022.
Household consumption includes expenditure on food and grocery, housing and household products, transport and communication, health, and education.Also Read | Finally, good news on white-collar jobsThe overall consumption growth is also likely to get delayed by up to two years, the report said.