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Union Budget 2017-18: A carrot after a stick?

Expectations are running high from the government based on the perceived gains of demonetisation

Shashank Khade, director, Entrust Family Office Investment Advisors
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Shashank Khade, director, Entrust Family Office Investment Advisors

Shashank Khade
After demonetisation, the Government needs to stoke the economy back in action and galvanise consumers and corporates to induce a feel-good environment. While a sense of normalcy would return once restrictions around cash withdrawals are removed and steady state prevails, for the spenders in the economy to return to normalcy, government may need to provide for some degree of stimulation. 

The Indian economy has been growing at a steady pace over the last few years with no major acceleration seen. The crux is to get the economy back in action after a brief comatose situation during Nov-Dec 2016 period and stimulate