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.

There was a research I think team, which conducted a survey about what Indians think of Americans, and 71 percent I believe said, well, I think all the nice things about our working together with the United States. But there are people I think that are old mind-sets, who still I think remain mired in the Cold War ideology.

My vision is to work for the relationship between India and Pakistan which would be like the relation between Canada and the United States.

I have always believed India is a country blessed by God with enormous entrepreneurial skills.

I should like to express our profound gratitude to the Americans of Indian origin. The way they have conducted themselves, the way they have worked hard to carve out a niche for themselves in the Silicon Valley, I think this has also given America a new idea about what India is capable of.

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.

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