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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.
Manmohan Singh
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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
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Flow
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Indian
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Chinese
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More quotes by 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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China's influence is bound to rise.
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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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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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China is very important. The future growth of China, China's influence is bound to rise.
Manmohan Singh
Life is never free of contradictions
Manmohan Singh
We are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.
Manmohan Singh
India happens to be a rich country inhabited by very poor people.
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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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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.
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Democracies don't go to war.
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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.
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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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The death of distance. There is hardly any middle class family in India who doesn't have a son, a daughter, a son-in-law, a brother, a brother-in-law in the United States. That is a very powerful new bond.
Manmohan Singh
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
Our vision is not just of economic growth, but also of a growth which would improve the life of the common man.
Manmohan Singh
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
A politician before he can become a statesman has to remain in office long enough.
Manmohan Singh
Ethical and responsible behavior needs to become the cornerstone of corporate behavior
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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.
Manmohan Singh