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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
Think
Trade
Thinking
Percent
Indian
Technology
Chinese
Economy
Opportunities
Growing
Investment
Opportunity
Enormous
Two
Rate
Way
Flow
More quotes by Manmohan Singh
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.
Manmohan Singh
We are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.
Manmohan Singh
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.
Manmohan Singh
If the economy is not expanding, the redistribution of income becomes a zero-sum game. And therefore, all the class struggle - and it becomes much more vicious.
Manmohan Singh
I do recognize that India has to be the center, the hub of activity as far as the knowledge economy is concerned.
Manmohan Singh
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.
Manmohan Singh
China's influence is bound to rise.
Manmohan Singh
India happens to be a rich country inhabited by very poor people.
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
Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
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.
Manmohan Singh
The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.
Manmohan Singh
The emergence of India as a major global power is an idea whose time has come.
Manmohan Singh
I am not very good at statistics. I am also a poor thinker.
Manmohan Singh
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.
Manmohan Singh
I look upon India-U.S. nuclear cooperation as an act of historic reconciliation.
Manmohan Singh
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.
Manmohan Singh
No power on earth can stop an idea whose time has come.
Manmohan Singh
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.
Manmohan Singh
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.
Manmohan Singh