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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
Games
Zero
Much
Income
Therefore
Becomes
Game
Struggle
Redistribution
Economy
Expanding
Class
Vicious
More quotes by Manmohan Singh
The death of distance. There is hardly any middle class family in India who doesn't have a son, a daughter, a son-in-law, a brother, a brother-in-law in the United States. That is a very powerful new bond.
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I think the proof of the pudding is in the eating.
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[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
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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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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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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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I look upon India-U.S. nuclear cooperation as an act of historic reconciliation.
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No power on earth can stop an idea whose time has come.
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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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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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Economic policy and decision making do not function in a political vacuum.
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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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China is very important. The future growth of China, China's influence is bound to rise.
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Jawaharlal Nehru wanted India to develop close ties with China and learn from its experience.
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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.
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In a world in which technology is changing at such a fast pace, where demand conditions change very fast, we need to look at a more innovative mechanism to cut down on this rigmarole of many tiers of decision-making processes.
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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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My top most priority is to deal with India's massive social and economic problems, so that chronic poverty, ignorance and disease can be conquered in a reasonably short period of time.
Manmohan Singh
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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