In the festive mood that lasts for two days this year for the Telugus, let me wish the deliberations of the conference on "Advances in Open Economy Macroeconomics" a very productive and pleasant time.
I recognise that a number of eminent economists from the North Western University and other US universities are participating in the conference and I would like to extend a hearty welcome to them. I congratulate the economists from the IGIDR, the RBI and other Indian universities for their contributions to this conference.