When asked whether the Budget could spring any big-bang reforms, Sabharwal struck a cautious tone, pointing out the limited scope for sweeping changes at this juncture.“So, the question is that what big bang reforms can they do? So, I think that is where you question that there is nothing much that can be done per se. So, it has to be status quo,” he said.However, Sabharwal stressed that the government must urgently address the issue of heavy foreign portfolio investor (FPI) outflows, warning that continue ...