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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.
Manmohan Singh
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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Poor
Nets
Social
Income
Place
Safety
Fast
Economy
Growing
Rich
Call
Distributing
More quotes by Manmohan Singh
[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
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I look upon India-U.S. nuclear cooperation as an act of historic reconciliation.
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Terrorists had the advantage of surprise.
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We should put more money in health. We should put more money in devising credible social safety nets for the poor.
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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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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.
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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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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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In a country where employment opportunities are not growing fast enough, the fear of change tends to be very acute.
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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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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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Pakistan should be a moderate Islamic state. That it should be a prosperous country is in India's interests, and it is in the world's interests.
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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 we have access to nuclear energy, that adds to our maneuverability in ensuring energy security as India marches on, on the path to accelerated development.
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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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