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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.
Manmohan Singh
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Manmohan Singh
Age: 91
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Knowledge
Hub
Center
Recognize
India
Activity
Concerned
Economy
More quotes by Manmohan Singh
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.
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I believe a large part of humanity will draw appropriate lessons from what is the wave of the future in the 21st century.
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Democracies don't go to war.
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I have to create in India a macroeconomic environment where the employment in aggregate can go up at a handsome rate. Once that happens, people losing jobs in one sector will not mean that they will become perpetually unemployed. From one sector, they can move on to other sectors.
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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.
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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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We all know the epicentre of terrorism in the world today is Pakistan. The world community has to come to grips with this harsh reality.
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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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Terrorists had the advantage of surprise.
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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.
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I don't see, I think, any problems between India and the United States.
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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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The Chinese economy is growing at the rate of 9 percent the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.
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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.
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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
Life is never free of contradictions
Manmohan Singh
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.
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
India happens to be a rich country inhabited by very poor people.
Manmohan Singh
I look upon India-U.S. nuclear cooperation as an act of historic reconciliation.
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