Manmohan Singh Economy Quotations

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.

I can assure you we are a responsible nuclear power.

Positioned as we are, geographically and economically, India has a pivotal role in the region,

For two years in a row we have upwards of 7 percent growth in our national income. This year we expect to repeat that performance. I am convinced that we will sustain this rate of growth perhaps even improve upon in the next years. This has the potential of transforming our economy in many ways. It is now possible as never before to visualize India without poverty, without disease and scourge,

Once this is completed, we will be able to address a major constraint affecting our economy,

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.

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.

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.

I do recognize that India has to be the center, the hub of activity as far as the knowledge economy is concerned.

I think the modernization of Chinese economy and Chinese society is a prime concern.