Economic Policy And Decision Making

India Is A Functioning Democracy Despite Its Extreme Poverty, India Has Stayed The Course.

There Was A Research I Think Team, Which Conducted A Survey About What Indians Think Of Americans, And 71 Percent I Believe Said, Well, I Think All The Nice Things About Our Working Together With The United States. But There Are People I Think That Are Old Mind-sets, Who Still I Think Remain Mired In The Cold War Ideology.

The United States And India Can Work Together.

I Sincerely Hope That Whatever Influence The United States Has In Pakistan, It Will Convince Pakistan That Using Terrorism As An Instrument Of State Policy Has No Place In The World That We Want To Build.

When I Became Finance Minister In 1991, I Discovered That The Wealth Tax Rates Income - There Was Taxation On Wealth. It Was So Atrocious And So High That Actually Nobody Could Accumulate Money In An Honest Way. I Removed That Tax, And The Result Was That Indian Companies For The First Time Acquired An Incentive To Grow Big, To Grow Rich.