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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.
Manmohan Singh
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Manmohan Singh
Age: 91
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Uncertainty
Imported
India
Imports
Products
Abroad
Development
Prices
Percent
Supply
Hurt
Hurts
Oil
More quotes by Manmohan Singh
We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
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No power on earth can stop an idea whose time has come.
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I think the modernization of Chinese economy and Chinese society is a prime concern.
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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.
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Life is never free of contradictions
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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.
Manmohan Singh
India's saving rate will go up. India's investment rate will go up. And I believe that's a plus point.
Manmohan Singh
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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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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The emergence of India as a major global power is an idea whose time has come.
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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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China's influence is bound to rise.
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We have to walk on two legs. We have to create conditions in which manufacturing and services - the economy outside agriculture - move and move fast enough. And at the same time the working force that is available must have skills which will fit the kind of jobs which will be in demand.
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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.
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If we have access to nuclear energy, that adds to our maneuverability in ensuring energy security as India marches on, on the path to accelerated development.
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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.
Manmohan Singh
[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
Manmohan Singh
We should put more money in health. We should put more money in devising credible social safety nets for the poor.
Manmohan Singh
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.
Manmohan Singh
I think whatever I've done, I hope I've earned a footnote in India's long and tortuous history.
Manmohan Singh