Unconventional monetary policy measures have to be  11  After a keynote speech by Raghuram Rajan, Governor of India’s central bank, a panel discussion took place with Charles Evans, President of the Federal Reserve Bank of Chicago; Alexandre Tombini, Governor of the Central Bank of Brazil; Eswar Prasad, the New Century Chair in International Trade and Economic and a senior fellow of the Brookings Global Economy and Development programme, and myself.
But such growth, to be truly meaningful, needs to be inclusive, to create jobs, and to improve welfare. The BSP has been promoting reforms in the macroeconomic and financial sectors, but we know that these are not enough. We have to push the envelope further. This is why the BSP has been passionate in its pursuit of its financial inclusion advocacy.