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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.
Manmohan Singh
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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Economy
Expanding
Class
Vicious
Games
Zero
Much
Income
Therefore
Becomes
Game
Struggle
Redistribution
More quotes by Manmohan Singh
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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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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Our vision is not just of economic growth, but also of a growth which would improve the life of the common man.
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I sincerely hope that the difficulties that are there in Iraq and Iran can be resolved, that Iraq will see a new era of hope in which its people will enjoy a full sovereignty. And also the problems that there is with Iran can be resolved through dialogue through giving diplomacy a chance.
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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 mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.
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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.
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A politician before he can become a statesman has to remain in office long enough.
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Life is never free of contradictions
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The emergence of India as a major global power is an idea whose time has come. This is a legitimate ambition for China. This is a legitimate ambition for India. And the challenge for the humanity is to evolve a world system in which the legitimate ambitions of both our countries can find constructive expression without threatening anybody else.
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India happens to be a rich country inhabited by very poor people.
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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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China is very important. The future growth of China, China's influence is bound to rise.
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[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
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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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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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