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China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.

Manmohan Singh

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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Differences
System
Doe
Country
Regulate
Think
Indian
Thinking
Chinese
China
Difference

More quotes by Manmohan Singh

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If certain facilities, local facilities have to be arranged, the local authorities have to come. And that makes the Indian system slow moving, Indian administrative system slow moving.
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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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So outside agriculture, in manufacturing and services, we must create a lot more jobs. But that also means that we must ensure that our systems of general education and technical education are in line with the job requirements that a more modern manufacturing and a more modern services sector would require.
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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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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.
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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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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.
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If the economy is growing fast, there is call for a distributing income from the rich to the poor to to put in place social safety nets.
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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.
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I think whatever I've done, I hope I've earned a footnote in India's long and tortuous history.
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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
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India happens to be a rich country inhabited by very poor people.
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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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We are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.
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Ethical and responsible behavior needs to become the cornerstone of corporate behavior
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With the revolution in information technology, with the revolution in transport technologies, I think just geography has lost its all significance.
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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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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.
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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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A politician before he can become a statesman has to remain in office long enough.
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