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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
Growth
Process
Urbanization
Modernization
Processes
Outcome
Outcomes
Inevitable

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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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The Chinese have certain advantages. The fact that it's a single party government. But I do believe in the long run the fact that India is a functioning democracy committed to the rule of law. Our system is slow to move but I'm confident that once decisions are taken they are going to be far more durable.
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As the largest and most developed democracies of Asia (India and Japan), we have a mutual stake in each other's progress and prosperity.
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No power on earth can stop an idea whose time has come.
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Ethical and responsible behavior needs to become the cornerstone of corporate behavior
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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 are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.
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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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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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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
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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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Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
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My vision is to work for the relationship between India and Pakistan which would be like the relation between Canada and the United States.
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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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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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70 percent of India's imports of oil and oil products are imported from abroad. There is uncertainty about supply. There is uncertainty about prices. And that hurts India's development.
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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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In a country where employment opportunities are not growing fast enough, the fear of change tends to be very acute.
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I think whatever I've done, I hope I've earned a footnote in India's long and tortuous history.
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