There may be a difference of the pace at which India moves, but there should be no doubt whatsoever about the direction in which India is going to move in years to come.

I believe a large part of humanity will draw appropriate lessons from what is the wave of the future in the 21st century.

The death of distance. There is hardly any middle class family in India who doesn't have a son, a daughter, a son-in-law, a brother, a brother-in-law in the United States. That is a very powerful new bond.

Nowhere else you will find a country of India's diversity, of India's complexity, one billion people trying to seek their social and economic salvation in the framework of democracy, in the framework of an open economy.

Working together in helping nascent democracies in the task of reconstruction, in the task of development is another area where our two countries [India and the USA] can work together.

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.

I have always believed that the ultimate purpose of economic policies and development policy is to meet the basic needs of our people. And for that, we need a fast-expanding economy.