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.

We should put more money in health. We should put more money in devising credible social safety nets for the poor.

I believe all societies, all thriving societies of the future are going to be multicultural societies.

India has, of course, aspirations of getting out of its poverty, ignorance, and disease which still afflict millions of people. But I do believe that we have something to offer to the rest of the world, including the United States.

India's saving rate will go up. India's investment rate will go up. And I believe that's a plus point.

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.

Ethical and responsible behavior needs to become the cornerstone of corporate behavior