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 SinghIndia's growth rate will be accelerated, but in the process, America would also benefit.
Manmohan SinghLet me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important.
Manmohan SinghWith the revolution in information technology, with the revolution in transport technologies, I think just geography has lost its all significance.
Manmohan Singh