'The Budget targets are achievable, but they require continued discipline and that the government sticks with the efforts to cut red tape and make business in India more efficient.'
The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.
'Demonetisation will push India onto a higher growth path after a temporary dip.'
India is Asia's third-best performing equity market.
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