Looking ahead, the evolving demographic profile in favour of younger population suggests that the growth prospects of the Indian economy remain strong, provided their potential is effectively utilised. At the same time, a lot needs to be done to improve the quality of life. While the proportion of the poor in total population has come down, the absolute number of poor people remains high.
Finally, there have been profound changes in the monetary and financial environment in our economic areas. Let me briefly discuss each of them.