We need to make a change in as many people’s lives as possible in their lifetime,

What is surprising is the language used by the RBI to focus on potential issues on the horizon, such as inflationary pressure, asset bubbles and credit risk.

China is trying to get as many people on board, moving up on their own feet; we are not able to do that,

The gap has only widened in the immediate years. In 1980, China and India were comparable on data.

There is no optimism there, … realistic.

In the last five years we have seen a sea change in IT and telecoms infrastructure,

China has been successful – let’s accept it. We want to emulate China no matter how we say we are different and want to be different. The fact of the matter is that they’re on...

I see difficulties in India overtaking China. It’s difficult to see what time it will overtake China,

We are creating an exclusive growth environment that benefits some people but not the poor. While there is some multiplier effect, the pace is still slow.

There was a sense of self-doubt in India, within itself. People were not exactly as confident as you see them now. But that did not turn out to be true. Indians have come through unscathed,...

There has been an attitudinal shift in the railways. They are trying to respond to market needs, but there is no denying the fact that the government of India is not able to invest in...

There is a structural problem in the rural economy and a structural problem in the urban economy, that’s really the story. It’s really coincidental that everything has gone bad at one time.

In India there are a large proportion of people who have not seen significant change in their lifetime.