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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: 91
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
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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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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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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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
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
Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new ideas, new products, new technologies, and new methods of managing teams.
Manmohan Singh
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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I don't see, I think, any problems between India and the United States.
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No power on earth can stop an idea whose time has come.
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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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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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My vision is to work for the relationship between India and Pakistan which would be like the relation between Canada and the United States.
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
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.
Manmohan Singh
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.
Manmohan Singh
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.
Manmohan Singh
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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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
