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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.
Manmohan Singh
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Manmohan Singh
Age: 91
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Social
Money
Devising
Nets
Credible
Safety
Health
Poor
More quotes by 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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I think the Chinese do have visions of being a great power. And I think it's legitimate. And I don't see that that's a danger to us.
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We have to walk on two legs. We have to create conditions in which manufacturing and services - the economy outside agriculture - move and move fast enough. And at the same time the working force that is available must have skills which will fit the kind of jobs which will be in demand.
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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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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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Democracies don't go to war.
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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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China is very important. The future growth of China, China's influence is bound to rise.
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I do recognize that India has to be the center, the hub of activity as far as the knowledge economy is concerned.
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Jawaharlal Nehru wanted India to develop close ties with China and learn from its experience.
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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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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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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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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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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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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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[Urbanization] is the inevitable outcome of the processes of growth and the processes of modernization.
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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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Outsourcing, information technology revolution, the access to India's human resources, India's pool of scientists. It will help American companies to become leaner, meaner, more efficient, and they become more competitive, both in the United States and in dealing with the rest of the world.
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