00:00the intensity and the duration of the conflict
00:04as well as the resultant change, sorry, damage
00:07to the energy and other infrastructure
00:10at risk to the inflation and growth outlooks.
00:15However, the fundamentals of the Indian economy
00:19are on a stronger footing, providing it with greater resilience
00:23to withstand shocks now than in the past.
00:28It also noted that the economy is confronted
00:30with a supply shock.
00:33It felt, therefore, prudent to wait and watch.
00:38Going forward, elevated energy and other commodity prices
00:43as also shocks to availability of inputs
00:47due to disruptions in the Strait of Hormuz
00:51are likely to impact growth this year.
00:56Now, let's hope that the problem is
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