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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: 91
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Saving
Investment
Rate
India
Point
Believe
Plus

More quotes by Manmohan Singh

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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
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Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.
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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If certain facilities, local facilities have to be arranged, the local authorities have to come. And that makes the Indian system slow moving, Indian administrative system slow moving.
Manmohan Singh
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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
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China is very important. The future growth of China, China's influence is bound to rise.
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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The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.
Manmohan Singh
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The Chinese have certain advantages. The fact that it's a single party government. But I do believe in the long run the fact that India is a functioning democracy committed to the rule of law. Our system is slow to move but I'm confident that once decisions are taken they are going to be far more durable.
Manmohan Singh
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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
Manmohan Singh
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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.
Manmohan Singh
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Terrorists had the advantage of surprise.
Manmohan Singh
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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.
Manmohan Singh
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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.
Manmohan Singh
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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.
Manmohan Singh
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India happens to be a rich country inhabited by very poor people.
Manmohan Singh
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The Chinese economy is growing at the rate of 9 percent the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.
Manmohan Singh
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Meaningful solutions to the problems of mass poverty that prevails in India I believe can only be found in the framework of an expanding economy.
Manmohan Singh
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Ethical and responsible behavior needs to become the cornerstone of corporate behavior
Manmohan Singh
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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.
Manmohan Singh