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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
Point
Believe
Plus
Saving
Investment
Rate
India

More quotes by Manmohan Singh

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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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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.
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No power on earth can stop an idea whose time has come.
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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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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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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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China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.
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China's influence is bound to rise.
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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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The emergence of India as a major global power is an idea whose time has come.
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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.
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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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As the largest and most developed democracies of Asia (India and Japan), we have a mutual stake in each other's progress and prosperity.
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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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China is very important. The future growth of China, China's influence is bound to rise.
Manmohan Singh
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Terrorists had the advantage of surprise.
Manmohan Singh
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We need multiculturalism, respect for diversity, tolerance, respect for diverse faiths.
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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I should like to express our profound gratitude to the Americans of Indian origin. The way they have conducted themselves, the way they have worked hard to carve out a niche for themselves in the Silicon Valley, I think this has also given America a new idea about what India is capable of.
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