The fundamentals of our economy continue to be strong. Once calm and confidence are restored in the global markets, economic activity in India will recover sharply. But a period of painful adjustment is inevitable. The Reserve Bank's policy endeavour will be to ensure an orderly adjustment, and to minimise the pain of its impact.
Another similarity is that we – Rotarians and the BSP – both embrace the value of partnership and collaboration. Sid invited me to give an overview of opportunities in 2016. In my message, I will identify areas where collaboration is possible. I shall also mention how we can harness the potential of evolving consumer patterns and technology toward our shared goal of national development.