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. Manmohan Singh More Quotes by Manmohan Singh More Quotes From Manmohan Singh I am convinced the entrepreneurial spirit of the Indian people, if allowed to express itself freely in the marketplace, India will be all right. Manmohan Singh india spirit people 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. Manmohan Singh india energy add The salvation of the world ultimately lies in moving towards universal nuclear disarmament, but that's a long distance away. Manmohan Singh distance lying moving Indians, we would like to be a part of the nuclear world order, accepting all the responsibilities that go with being a responsible nuclear power, and at the same time enlarging our options with regard to energy security of our country. Manmohan Singh responsibility order country I look upon India-U.S. nuclear cooperation as an act of historic reconciliation. Manmohan Singh nuclear india looks 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. Manmohan Singh income growing safety 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 income way firsts 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 certain authority moving I have always believed that the ultimate purpose of economic policies and development policy is to meet the basic needs of our people. And for that, we need a fast-expanding economy. Manmohan Singh purpose people needs There may be a difference of the pace at which India moves, but there should be no doubt whatsoever about the direction in which India is going to move in years to come. Manmohan Singh differences years moving 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 jobs mean moving In a country where employment opportunities are not growing fast enough, the fear of change tends to be very acute. Manmohan Singh employment opportunity country India's political system also would need to be modernized. Manmohan Singh india political needs 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 zero struggle games 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. Manmohan Singh economy enough should We should put more money in health. We should put more money in devising credible social safety nets for the poor. Manmohan Singh safety poor social I have always believed India is a country blessed by God with enormous entrepreneurial skills. Manmohan Singh skills blessed country India's infrastructure has to be modernized, has to be expanded at a rate which will I think be consistent with the growth requirements. Manmohan Singh india growth thinking 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. Manmohan Singh oil india hurt 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 lessons humanity believe
