Bhubaneswar, Jan. 30 -- With just a day left for the presentation of the Union Budget, expectations are running high among common people as well as the FMCG sector, which is directly linked to everyday household consumption.A key question on everyone's mind is whether the Budget will bring relief from rising prices and make daily essentials more affordable.

Despite last year's GST reforms, the FMCG sector is hopeful that the Modi government may announce additional measures to boost demand and purchasing power.Industry stakeholders are particularly looking for tax relief and visible policy announcements that could directly impact consumers' spending capacity.

Traders argue that although the GST structure has improved, high GST rates on r...