Give credit to FM for maintaining 3.5% fiscal deficit target: Ajay Kanwal

Ajay Kanwal, Regional CEO (Asean and South Asia) at Standard Chartered Bank, says that the finance minister has done well to maintain the 3.5% fiscal deficit target, although there is a risk of execution. He feels that now there are more chances of rate cut which will bring down the overall cost of doing business in India.
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