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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.

Manmohan Singh

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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
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Saving
Investment
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India
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More quotes by Manmohan Singh

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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
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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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Economic policy and decision making do not function in a political vacuum.
Manmohan Singh
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I have to create in India a macroeconomic environment where the employment in aggregate can go up at a handsome rate. Once that happens, people losing jobs in one sector will not mean that they will become perpetually unemployed. From one sector, they can move on to other sectors.
Manmohan Singh
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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.
Manmohan Singh
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The United States and India can work together.
Manmohan Singh
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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.
Manmohan Singh
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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.
Manmohan Singh
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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.
Manmohan Singh
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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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With the revolution in information technology, with the revolution in transport technologies, I think just geography has lost its all significance.
Manmohan Singh
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The emergence of India as a major global power is an idea whose time has come.
Manmohan Singh
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India happens to be a rich country inhabited by very poor people.
Manmohan Singh
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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.
Manmohan Singh
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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.
Manmohan Singh
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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.
Manmohan Singh
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I think the modernization of Chinese economy and Chinese society is a prime concern.
Manmohan Singh
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I believe a large part of humanity will draw appropriate lessons from what is the wave of the future in the 21st century.
Manmohan Singh
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Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
Manmohan Singh
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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.
Manmohan Singh