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.
The Chinese have certain advantages. The fact that it's a single party government. But I do believe in the long run the fact that India is a functioning democracy committed to the rule of law. Our system is slow to move but I'm confident that once decisions are taken they are going to be far more durable.
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|Birth:||26th September, 1932|
|Profession:||Economist, Politician, Prime Minister, Statesman|
Manmohan Singh is an Indian economist who served as the 14th Prime Minister of India from 2004 to 2014. The first Sikh in office, Singh was the first prime minister since Jawaharlal Nehru to be re-elected after completing a full five-year term.
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