1. We welcome staff’s comprehensive assessment of recent macroeconomic and financial sector developments in India and the evolving outlook. Our authorities had had a constructive and candid engagement with the mission. The current slowdown in domestic growth is a key concern for our authorities. Accordingly, they have taken a number of measures over the past few months to address various domestic bottlenecks to revive investment activity and growth impulses in the short run, and to boost the growth potential over the medium term.