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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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Manmohan Singh
Age: 91
Born: 1932
Born: September 26
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More quotes by Manmohan Singh

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No power on earth can stop an idea whose time has come.
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Pakistan should be a moderate Islamic state. That it should be a prosperous country is in India's interests, and it is in the world's interests.
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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.
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I don't see, I think, any problems between India and the United States.
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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.
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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
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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.
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Outsourcing, information technology revolution, the access to India's human resources, India's pool of scientists. It will help American companies to become leaner, meaner, more efficient, and they become more competitive, both in the United States and in dealing with the rest of the world.
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India's saving rate will go up. India's investment rate will go up. And I believe that's a plus point.
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Jawaharlal Nehru wanted India to develop close ties with China and learn from its experience.
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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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I do believe that the future of civilization belongs to those who would lay emphasis on working together instead of talking about clash of civilizations.
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China is very important. The future growth of China, China's influence is bound to rise.
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If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.
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Terrorists had the advantage of surprise.
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The United States and India can work together.
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Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
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The emergence of India as a major global power is an idea whose time has come.
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