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    <title>India: A partner in progress and prosperity (Keynote Address by Shri Sanjay Malhotra, Governor, Reserve Bank of India - April 25, 2025 - at the US-India Economic Forum organised by the Confederation of Indian Industry (CII) and US India Strategic Partnership Forum (USISPF), Washington DC)</title>
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    <description>The address stresses that policy continuity, monetary and financial stability, and progressive liberalisation underpin India&#039;s investment appeal. Strengthened banking and non bank balance sheets, deepening capital markets, robust foreign exchange buffers and an accommodative monetary framework support orderly external adjustments. Fiscal consolidation with higher quality capital expenditure, targeted delivery via digital transfers, and heavy infrastructure investment create multiplier effects. Concurrently, manufacturing incentives, skilling initiatives, innovation and digital public infrastructure (payments, tax, regulatory sandboxes) are framed as strategic levers to broaden opportunities and sustain long term growth.</description>
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