Governments can't keep looking over the shoulder or at the constellation of stars. You have got to do what you have got to do.

There never is a good time for tough decisions. There will always be an election or something else. You have to pick courage and do it. Governance is about taking tough, even unpopular, decisions.

The rate of growth of the management skills of any country is inversely proportional to the number of MBAs. Germany produces no MBAs, but America used to produce MBAs by the millions, and you saw the German economy, until at least the '90s, was certainly more efficient than the American economy.

If there is a Nobel prize for dirt and filth, India will win it, no doubt.

It was good to launch the economy in the '50s. Japan did this; China did this; even South Korea did this. All the East Asians did this - import substitution. I think all countries followed import substitution in the '50s and in the '60s, but I think by the '70s, countries were getting out of that first phase of the strategy.

Don't get married in a house where there is no toilet.