Economic Quote by Manmohan Singh
“I think, overall, India is today on the move. The economic reforms that our salvation lies in - operating an open society, political system, an open economy, economic system - this has widespread support.”
About This Quote
Source Speech: Economic Outlook, India, 2005
India is progressing through reforms that promote openness in society, politics, and economy, gaining broad support.
In simple terms: India is moving forward with open reforms.
Key Takeaway
Embrace openness in policies and markets.
Themes
economic growth
political reform
openness
development
public support
Mood
optimistic
determined
Type
policy
economic
When to use this quote
- business expansion
- foreign investment
- policy making
- social entrepreneurship
Key Concepts
market liberalization
institutional change
democratic governance
Questions to Reflect On
- How can openness be balanced with cultural traditions?
- What safeguards ensure reforms benefit all citizens?
A Different Perspective
Reforms may face resistance from entrenched interests.
![“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always…” quote by Lawrence Summers](https://sms4smile.com/quotes/img-quotes/ac4/lawrence-summers-16940_air_just-between-you-and-me-shouldn-t-the-wo_4703.jpg)
