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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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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Modernization
Processes
Outcome
Outcomes
Inevitable
Growth
Process
Urbanization

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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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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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Our vision is not just of economic growth, but also of a growth which would improve the life of the common man.
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Democracies don't go to war.
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The first and foremost priority is to finish the unfinished task which the founding fathers of India set out for us at the time of our independence: to get rid of chronic poverty, ignorance, and disease, which have afflicted millions and millions of our people.
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I don't see, I think, any problems between India and the United States.
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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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India happens to be a rich country inhabited by very poor people.
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I do recognize that India has to be the center, the hub of activity as far as the knowledge economy is concerned.
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China is very important. The future growth of China, China's influence is bound to rise.
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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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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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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.
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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
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