We will leave no stone unturned I reiterate, no stone unturned in ensuring that terrorist elements in India are neutralized and smashed," Singh told reporters in Bombay, also known as Mumbai. "These acts of terrorism are desperate acts of desperate individuals.

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I wish President Musharraf well, we want to work with him to bring greater balance in our own relations. But I have to be realistic enough to recognize the role that terrorist elements have played in the last few years in the history of Pakistan. Taliban was the creation of Pakistan extremists, the Wahabi Islam which has flourished, thousands and thousands of schools, the madrassas, were set up to preach this jihad based on hatred of other religions . . . and Pakistan is not a democracy in the sense that we know and you know. . . . We wish Pakistan success in emerging as a moderate Muslim state. We will work with President Musharraf . . . but we have to recognize what has happened.

On 3rd July 2004, he remarked, “I am distressed by the low representation of minorities, particularly the Muslim minority, in many walks of life, both in the public and the private sector. I do not need to underline to this audience the gravity of the problem that this creates for our collective effort to create a truly inclusive and tolerant society, where the benefits of economic development are shared by all citizens.

The explosion of financial innovation unaccompanied by credible systemic regulation has made the financial system vulnerable. The resulting crisis of confidence threatens global prosperity in the increasingly interdependent world in which we live. There is, therefore, a need for a new international initiative to bring structural reform in the world's financial system with more effective regulation and stronger systems of multilateral consultations and surveillance. This must be designed in as inclusive a manner as possible.

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There is no doubt that our grievances against the British Empire had a sound basis for. As the painstaking statistical work of the Cambridge historian Angus Maddison has shown, India's share of world income collapsed from 22.6% in 1700, almost equal to Europe's share of 23.3% at that time, to as low as 3.8% in 1952. Indeed, at the beginning of the 20th Century, "the brightest jewel in the British Crown" was the poorest country in the world in terms of per capita income.

When we talk of a resurgent Asia, people think of the great changes that have come about in Shanghai. I share this aspiration to transform Mumbai in the next five years in such a manner that people would forget about Shanghai and Mumbai will become a talking point.

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P. V. Narasimha Rao always tried to take the opposition into confidence. To cite a few examples, he had deputed Shri Atal Bihari Vajpayee as the leader of the Indian delegation to the UN Human Rights Commission in Geneva to discuss Pakistan-sponsored resolution to censure India on its record of human rights in Jammu & Kashmir, which was successfully thwarted. He had also nominated Shri Subramanian Swamy as Chairman of the Commission on Labour Standards and International Trade, with a Cabinet-rank.

Sikh extremism, separatism and militancy were a problem in India more than two decades ago. Today, Punjab is at peace and there is growth and prosperity. There are, however, some elements outside India, including in Canada, who try to keep this issue alive for their own purposes. In many cases, such elements have links to or are themselves wedded to terrorism.

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