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"We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development
"My task over the last two years hasn't just been to stop the bleeding. My task has also been to try to figure out how do we address some of the structural problems in the economy that have prevented more Googles from being created."
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Personal Development
"Another point of economy is to look for seed of the same kind as you sow, and not to hope to buy one kind with an other kind. Friendship buys friendship; justice, justice; military merit, military success...Yet there is commonly a confusion of expectations on these points. Hotspur lives for the moment, praises himself for it, and despises Furlong, that he does not. Hotspur of course is poor, and Furlong is a good provider. The odd circumstance is that Hotspur thinks it a superiority in himself, this improvidence, which ought to be rewarded with Furlong's lands."
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Personal Development
"Money is representative, and follows the nature and fortunes of the owner...The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the days' work that earned it. He knows how much land it represents - how much rain, frost and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen or a lucky rise in exchange, it comes to be looked on as light."
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Personal Development
"Our "Make in India" initiative is not intended for only manufacturing for the domestic market or import substitution. It is as much about making world-class products and services for the whole globe."
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Personal Development
"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."
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Personal Development
"In capitalist nation, all is decided by money."
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Personal Development
"India is one of the world economy's brightest spots. We have low inflation, a low balance of payments current account deficit, and a high rate of growth. This is the result of good policy, not good fortune."
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Personal Development
"India's economic success is the hard-won result of prudence, sound policy and effective management."
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Personal Development
"Usually it is one or two things that are talked about, but today growth has being talked about in all sectors. Electricity production has gone up and so has demand. Infrastructure work is also growing rapidly and that happens when there is demand in the economy. From all this it looks like we have moved ahead to better days."
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Personal Development
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"Debt is such a powerful tool, it is such a useful tool, it's much better than colonialism ever was because you can keep control without having an army, without having a whole administration."
Control
"What I worry about is climate change, because that would have untold effects that we can't even measure yet."
Change
"What is not fair now is that corporations pay less and less tax, which means that you and I pay more because we're rooted somewhere, they've got our address, right?"
Politics
"Now we are flying off into outer space, there is no clear curb on what can be done in the name of the economy."
Economy
"If we wait for the U.S. to do something, we will be waiting for a very long time. It's Europe, it's Australia, it's the other developed and middle developing countries that have got to do the job."
Time
"I was recently looking at what they can actually do to reduce consumption of petrol. It would be quite possible to build automobiles out of carbon fibre that would be just as strong, weigh 10 times less and consume 10 times less petrol."
Technology
"Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt."
Time
"Cost recovery is the polite way of saying, make families pay to educate their children."
Family
"The real fight is about what should be in the marketplace and what should not. Should education be a marketable commodity? Should healthcare?"
Education
"I'm a radical reformist, because between where we are and where I want to go there's a great deal of work, and I won't see the end of this."
Work
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