Not easily quantifiable strengths A distinguishing characteristic of recent global assessment of future of India has been greater awareness and articulation of the strengths of India which are not easily quantifiable but are critical to the longer term prospects. I wish to draw your attention to some of the observations, in a summary form, without necessarily endorsing them.
Under EMU, euro area inflation has been equal, on average, to slightly more than 2 per cent, and has been, by historical standards, remarkably stable.