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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.
Manmohan Singh
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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Think
Market
Thinking
Western
India
Standards
Economy
Public
Sector
Much
Mixed
Always
Driven
More quotes by Manmohan Singh
Terrorists had the advantage of surprise.
Manmohan Singh
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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China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.
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Life is never free of contradictions
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[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
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I sincerely hope that the difficulties that are there in Iraq and Iran can be resolved, that Iraq will see a new era of hope in which its people will enjoy a full sovereignty. And also the problems that there is with Iran can be resolved through dialogue through giving diplomacy a chance.
Manmohan Singh
India's future lies in being an open society, an open polity, a functioning democracy respecting all fundamental human freedoms, accepting the rule of law and, at the same time, to emerge as a successful, internationally competitive market economy.
Manmohan Singh
Economic policy and decision making do not function in a political vacuum.
Manmohan Singh
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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We should put more money in health. We should put more money in devising credible social safety nets for the poor.
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I am convinced the entrepreneurial spirit of the Indian people, if allowed to express itself freely in the marketplace, India will be all right.
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Nobody should be allowed to tinker with democracy. We will not discontinue the good works of the past government.
Manmohan Singh
My top most priority is to deal with India's massive social and economic problems, so that chronic poverty, ignorance and disease can be conquered in a reasonably short period of time.
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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
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
The United States and India can work together.
Manmohan Singh
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
I think whatever I've done, I hope I've earned a footnote in India's long and tortuous history.
Manmohan Singh
The emergence of India as a major global power is an idea whose time has come.
Manmohan Singh
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