In the external sector, India has come out with a clean track record, having met all payment obligations in time, even by pledging gold, a cherished national reserve of sentimental value, when it became necessary in 1991 due to liquidity crisis. Yet, both sectors have not only become reasonably efficient and resilient but are also in alignment with global best practices.
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.