My best wishes to all the participants. Thank you. 1 Source: Telecom subscription data as on 31st December, 2022 (https://www.trai.gov.in  /sites/default/files/PR_No.13of2023_0.pdf) 2,3 Source: RBI website (Payment System Indicators) 4 Source: RBI website 5 Source: https://pmjdy.gov.in/home  5/5  BIS - Central bankers' speeches
The output gap should be closing within the policy horizon; NAIRU at the same time has been revised downwards – for those who love unobservables. But to reap the full benefits of our monetary policy, it needs to be complemented by sound economic and fiscal policies at national and European level.