Indian economist, bureaucrat, academician and politician
Manmohan Singh (Punjabi: ਮਨਮੋਹਨ ਸਿੰਘ; 26 September 1932 – 26 December 2024) was the 13th Prime Minister of India. Singh, a member of the Indian National Congress party and an economist, became the first Sikh Prime Minister of India on 22 May 2004.
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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.
The series of blasts... are shocking and cowardly attempts to spread a feeling of fear and terror among our citizens. My heart reaches out and grieves for all those affected by these blasts and who have lost their near and dear ones... "I am confident that the people of this great city have the will and courage to face this situation and will stand firm in their resolve to carry on their normal activities without succumbing to threats of terror. We will work to defeat the evil designs of terrorists and will not allow them to succeed."
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“Some minorities in India have done better than others. For example, in India, minority communities like the Jains and the Sikhs have fared relatively well from the process of social and economic development. However, other minorities, especially the Muslim community in certain parts of our country, have not had an equal share of the fruits of development. This has most recently been established by data provided in the Report of the High Level Committee on the Social, Economic and Educational Status of the Muslim Community of India, popularly known as Sachar Committee. It is incumbent upon any democratically elected government to redress such imbalances and eradicate such inequities. I assure you, our Government is indeed committed to doing this.“
“As I see it the main factor responsible for socio-economic backwardness of the minority communities, particularly the Muslim community is the lack of access to the common school system. This is particularly true in the case of the Muslim girls. During the current plan period and the next plan period, we must ensure that concrete schemes for setting up of secondary and higher secondary schools in the Blocks and Districts having predominantly Muslim population are indeed implemented with sharper focus on the Muslim girls. Widening of access of the Muslim girls in professional education, particularly medical and engineering courses should be a priority area of educational programmes.“
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.
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.
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If our commitment to remain an open society is one of the pillars of our nationhood, the other is our commitment to remain an open economy. An economy that guarantees the freedom of enterprise, respects individual creativity, and at the same time mobilizes public investment for social infrastructure and the development of human capabilities. Indeed, it would be no exaggeration to suggest that these are the principles to which all countries will increasingly want to adhere. In relating to the world, we must never lose sight of this vital aspect of our Nationhood.