In my brief address today, I will make a few observations on India’s prospects for growth with stability in both short and medium terms, by highlighting a few important aspects. During the discussion that follows, we could interact on the major focus, as well as specifics, that is of interest to the gathering today.
As a central bank Governor, I am particularly keen on making that point. III. Ladies and Gentlemen, despite these risks, the economic upswing will broaden and gain strength. This will provide an opportunity which must be seized to fully implement the ongoing reforms. We all know that reforms may be painful in the short run.