Economy Quote by Manmohan Singh
“If the economy grows enough, fast enough, the tech system should be modernized so that the tax revenues rise fast enough also, and we should put more money in education.”
About This Quote
Source Speech: Economic Policy Address, India, 2005
Rapid economic growth should fund modern tax systems and increase education spending.
In simple terms: Growth funds tax reform and education.
Invest in growth to boost tax revenue and education.
Themes
Mood
Type
When to use this quote
- government budgeting
- education reform
- tax reform
- infrastructure planning
Key Concepts
Questions to Reflect On
- How can tax systems adapt to fast-growing economies?
- What safeguards ensure education funding is effective?
Economic growth may not translate directly into tax revenue without structural reforms.