you know, we are in India, so I must start by asking you a question about India. And you know, in the last time around, the IMF had said that India's 2023 GDP growth we projected it at about 5.4%. The actual achieved last fiscal was about 7%. Do you believe? Do you have any concerns specifically on why your projections were somewhat lower than what we achieved in 2022? Indeed, India was above 7%. And that is great for India. Great for Asia, Great for the world. For this year, we are projecting a bit of slow down to around 6%. And it is not because of India, but because of global growth slowing down. Uh, what we are seeing in a very positive light, is how good policies are helping India to outperform three factors. One digitalization. Uh, the uh, fact that India now has digital public infrastructure that serves people and businesses has become a great source of growth two. Because of that, India is very attractive as an exporter of services and this is booming faster than than we anticipated it and three very prudent fiscal policy collecting taxes and then prudently using money. All of this has led to a strong performance of India, making it a bright spot on what has been a rather cloudy horizon over the last years. We'll talk about the global situation as well, ma'am. But you know, India has this incredible demographic dividend. We are now the most populous nation in the world. Going forward. Do you believe that this demographic dividend is going to translate into growth? Oh, certainly. And it is already translating into growth. One of the competitive strengths of India in the export of services is because of IT prominence and the fact that you generate all this inflow of very skilled people that come into the labour market and step into what is today the highest, the fastest growing industry. Uh, I very strongly believe that India has chosen to invest in things that determine great use of the, uh, uh, dividend you're talking about. Uh, one is research and innovation. Um, in a very real way, India today is reaching for the moon. I hope that that soon there would be reports about the about success in this area. Uh, the the fact that the, um uh, education of India is oriented towards killing people for today and tomorrow, Not for the past. All of this is contributing to tap into the, uh, uh, youthful population of the country and, uh, make Also another aspect of it is, uh, uh, entrepreneurship. Digital public infrastructure, among many other qualities has allowed young people to take risk to access money to capture opportunities and that entrepreneurial culture. Uh, you know, frankly, I see this as, uh, very similar to the rocket that went to the moon is driving, uh, Indian, uh, growth.
