If Pakistan honors in letter and in spirit the commitment that it gave to Mr. Vajpayee in 2004, that Pakistan territory will not be used for promoting terrorist acts against India, the sky is the limit of cooperation between our two countries. Basically, we are the same people. There are ties of religion. There are ties of language. There are ties of culture.

India's growth rate will be accelerated, but in the process, America would also benefit.

India's political system also would need to be modernized.

There are partnerships based on principle. There are partnerships based on pragmatism. And fortunately, when it comes to Indo-American relations, both concentrations find a new robust phase of relationship, a multi-fasted relationship which I believe exists in the interests of both our countries.

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.

I sincerely believe what happens in India has, I think, lessons, morals for the future evolution of humankind in the 21st century.

The premature migration of very large numbers of people from rural areas to urban areas can give rise to a lot of strains to the urban infrastructure, which can also create problems of crime - law-and-order problems.