Now, I would like to sum up. Thanks to painstaking policy reforms initiated over the last two decades by successive Governments, I believe that India is at the threshold of ‘a golden age of growth’, with India’s democratic framework being a key growth fundamental. It seems to me that, over time, India has paid the ‘fixed costs’ of democracy in terms of the creation of institutional infrastructure, traditions and conventions. Further, India’s democratic system has also internalised what Prime Minister Vajpayee calls Coalition Dharma, showing that coalitions can provide stable government and push economic reforms. This means that in the future, the economy can reap the dividends from the resultant systemic stability. Thus, India — riding the wave of growth fundamentals such as demographic transition, human capital accumulation, improved incentive structures, diffusion of new technologies such as IT, total factor productivity accelerators through ‘network industries’, and an improved security environment — will be growing at growth rates which can be above 10 per cent per annum i.e., double digit growth rates. There is an ineffable sense of joy for me personally, and professionally, to see India embark on this growth odyssey, a journey that I call ‘India: On the growth turnpike’.