This is my first speech as a Fed Governor, and I am delighted to deliver it here, joining friends and colleagues from across my career, from academia to policymaking.
Fifth, monetary and credit policies and banking sector reforms implemented so far will show some results in form of expansion in credit to housing, consumer financing, SME, agriculture sectors. As  these sectors have strong backward and forward linkages the multiplier effects of aggregate demand expansion will reinforce growth impulses in the economy and induce supply and production response.