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Improved government finances, reduced subsidies, financial sector reforms as well as restructuring of segments like State Electricity Boards, Railways, Defence procurement etc is likely to provide a strong long term impetus to economic growth. Government not passing the full reduction in petroleum prices, reducing subsidies and increasing some subsidies are long term positives.

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There have been piecemeal disinvestments without any strategy, with the only purpose being to balance the fiscal deficit. This has led to wrongful losses to the acquirers.

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