What is much needed is a boost to manufacturing i.e the small/medium scale guys. This is the sector that has borne the maximum brunt thus far. Demonetization, economic slowdown, increase imports from china have all rendered this sector in a bad shape.
Corporate tax cut may be a good thing but its unlikely to propel the economy back to 8%. At best it is only good from an earnings/stock market perspective. Unless, significant steps are taken to revive MSMEs the economy will continue to languish.