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Ethical and responsible behavior needs to become the cornerstone of corporate behavior

Manmohan Singh

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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Needs
Cornerstone
Ethical
Corporate
Responsible
Behavior
Become

More quotes by Manmohan Singh

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We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.
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I should like to express our profound gratitude to the Americans of Indian origin. The way they have conducted themselves, the way they have worked hard to carve out a niche for themselves in the Silicon Valley, I think this has also given America a new idea about what India is capable of.
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Nobody should be allowed to tinker with democracy. We will not discontinue the good works of the past government.
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Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
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I think the Chinese do have visions of being a great power. And I think it's legitimate. And I don't see that that's a danger to us.
Manmohan Singh
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The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.
Manmohan Singh
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[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
Manmohan Singh
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When I became finance minister in 1991, I discovered that the wealth tax rates income - there was taxation on wealth. It was so atrocious and so high that actually nobody could accumulate money in an honest way. I removed that tax, and the result was that Indian companies for the first time acquired an incentive to grow big, to grow rich.
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Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.
Manmohan Singh
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I believe that without looking at each other as rivals or as competitors, in a democratic India, operating in the framework of an open economy, an open society has, I think, some significance for developing countries, not only in Asia but outside Asia.
Manmohan Singh
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With the revolution in information technology, with the revolution in transport technologies, I think just geography has lost its all significance.
Manmohan Singh
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Meaningful solutions to the problems of mass poverty that prevails in India I believe can only be found in the framework of an expanding economy.
Manmohan Singh
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Let me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important.
Manmohan Singh
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If the economy grows enough, fast enough, the tech system should be modernized so that the tax revenues rise fast enough also, and we should put more money in education.
Manmohan Singh
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There are partnerships based on principle. There are partnerships based on pragmatism. And fortunately, when it comes to Indo-American relations, both concentrations find a new robust phase of relationship, a multi-fasted relationship which I believe exists in the interests of both our countries.
Manmohan Singh
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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
Manmohan Singh
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In a world in which technology is changing at such a fast pace, where demand conditions change very fast, we need to look at a more innovative mechanism to cut down on this rigmarole of many tiers of decision-making processes.
Manmohan Singh
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China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.
Manmohan Singh
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In a country where employment opportunities are not growing fast enough, the fear of change tends to be very acute.
Manmohan Singh
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Our vision is not just of economic growth, but also of a growth which would improve the life of the common man.
Manmohan Singh