What India needs, it says, is to "follow a 'persistent, encompassing, and creative incrementalism' but with bold steps in a few areas that signal a decisive departure from the past". This could just be a hint that finance minister Arun Jaitley's first full budget could be somewhat like the Rail Budget that Suresh Prabhu presented--shorn of grand flourishes that could ignite opposition but a lot of much-needed measures that will put the economy on a sounder footing in the long run.
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