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Meaningful solutions to the problems of mass poverty that prevails in India I believe can only be found in the framework of an expanding economy.
Manmohan Singh
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Manmohan Singh
Age: 91
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Poverty
Problems
Prevails
Economy
Framework
Found
Expanding
Problem
Meaningful
Believe
Solutions
India
Mass
More quotes by Manmohan Singh
The emergence of India as a major global power is an idea whose time has come.
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Jawaharlal Nehru wanted India to develop close ties with China and learn from its experience.
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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 the economy grows enough, fast enough, the tech system should be modernized so that the tax revenues rise fast enough also, and we should put more money in education.
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Ethical and responsible behavior needs to become the cornerstone of corporate behavior
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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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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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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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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.
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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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No nation, no society, no community can hold its head high and claim to be part of the civilized world if it condones the practice of discriminating against one half of humanity represented by women.
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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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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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Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
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I do believe that the future of civilization belongs to those who would lay emphasis on working together instead of talking about clash of civilizations.
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I look upon India-U.S. nuclear cooperation as an act of historic reconciliation.
Manmohan Singh
China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.
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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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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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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.
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