No power on earth can stop an idea whose time has come.

What India needs most is a unified food law.

Because the Chinese insistence on one child, I think the proportion of older, non-working age population is going to rise sharply in China.

We are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.

We got government off the backs of the people of India, particularly off the backs of India's entrepreneurs. We introduced more competition, both internal competition and external competition. We simplified and rationalized the tax system. We made risk-taking much more attractive.

Let 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.

China is very important. The future growth of China, China's influence is bound to rise.