The problem is that the build is looking for the debug keystore and cannot find it.
Keystore file /home/sandeep/react native/react-native-redux/android/app/debug.keystore not found for signing config 'debug'.
There's an issue with the same problem in React Native GitHub. According to the page, you can solve it by creating a debug keystore. Quote from the thread:
You can generate the debug keystore by running this command in the android/app/ directory:
keytool -genkey -v -keystore D:\debug.keystore -storepass android -alias androiddebugkey -keypass android -keyalg RSA -keysize 2048 -validity 10000
Copy the file from D drive and put in below location
/home/sandeep/react native/react-native-redux/android/app/debug.keystore