One gets the impression that Budget 2018 is pragmatic and seeks to further consolidate the process of formalisation of the economy combined with a special emphasis on the rural sector, while maintaining fiscal discipline. The focus on facilitating better health care services, agricultural support and quality education is commendable. Considering the farm sector has been under stress and that Prime Minister Modi envisions a doubling of sectoral income by 2022, a move in this direction was in many ways expected. But it is noteworthy that the government chose the route of structural changes and not yield to the temptation of
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