The McKinsey Quarterly: India's economic agenda: An interview with Manmohan Singh:
"* In an interview, India's prime minister, Dr. Manmohan Singh, discusses his country’s prospects and challenges, saying that the ultimate goal is to wipe out poverty, ignorance, and disease.
* Singh said that increasing foreign direct investment, particularly in infrastructure, is vital, but that “we may not be able to reach where the Chinese are today.” On opening up the retail sector, he said he had his “task cut out” to convince his coalition partners.
* He also said coalition politics may make the pace of economic reform slower than some would wish, but the direction in which the country is headed is unmistakable.
* Ultimately, the prime minister said, “We accept the logic of globalization.”
Wednesday, August 24, 2005
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