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In a country where employment opportunities are not growing fast enough, the fear of change tends to be very acute.

Manmohan Singh

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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Opportunities
Fast
Growing
Opportunity
Fear
Change
Acute
Country
Tends
Enough
Employment

More quotes by Manmohan Singh

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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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A politician before he can become a statesman has to remain in office long enough.
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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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Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
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Sachin Tendulkar is a guy you don't want to chat to period, because he will knuckle down- Brett Lee tells you why one must never sledge Sachin Tendulkar It is an amazing achievement to play for the country for over two decades and still continue to be the team's anchor. Sachin makes all of us so very proud
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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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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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India's saving rate will go up. India's investment rate will go up. And I believe that's a plus point.
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China's influence is bound to rise.
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China is very important. The future growth of China, China's influence is bound to rise.
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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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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.
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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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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
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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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Jawaharlal Nehru wanted India to develop close ties with China and learn from its experience.
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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 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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Economic policy and decision making do not function in a political vacuum.
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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