Economy Quotes

Some people wanted champagne and caviar when they should have had beer and hot dogs

Now this brings me to my main topic - our military strength - more specifically, how to stay strong against threat from outside, without undermining the economic health that supports our security.

In this connection, I should mention our enormous national debt. We must begin to make some payments on it if we are to avoid passing on to our children an impossible burden of debt.

Each proposal must be weighed in the light of a broader consideration: the need to maintain balance in and among national programs - balance between the private and the public economy, balance between cost and hoped for advantage - balance between the clearly necessary and the comfortably desirable; balance between our essential requirements as a nation and the duties imposed by the nation upon the individual; balance between action of the moment and the national welfare of the future.

Our second task is to do the constructive work of building a genuine peace. We must never become so preoccupied with our desire for military strength that we neglect those areas of economic development, trade, diplomacy, education, ideas and principles where the foundations of real peace must be laid.

As with our military potential, our economic assets are more than equal to the task. Our independent farmers produce an abundance of food and fibre. Our free workers are versatile, intelligent, and hardworking. Our businessmen are imaginative and resourceful. The productivity, the adaptability of the American economy is the solid foundation-stone of our security structure.

If our history teaches us anything, it is this lesson: so far as the economic potential of our nation is concerned, the believers in the future of America have always been the realists. I count myself as one of this company.

India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity.

Afghanistan's success is a deeply held hope and desire of every Indian. It comes from the love and admiration for Afghans in our hearts. We want to see your democracy strike deep roots; your people unite; and your economy prosper.

Maritime sector not only creates and facilitates economic activities; it also connects countries and civilisations.

A nation with a strong defence industry will not only be more secure. It will also reap rich economic benefits - it can boost investment, expand manufacturing, support enterprise, raise the technology level and increase economic growth in the country.

From the first day of Navratri, the country is taking an important step towards a 'Atmanirbhar Bharat' and development. New GST reforms will be implemented since tomorrow's sunrise.

In the new form, there will now be only 5% and 18% tax slabs. This means that most everyday items will become cheaper. Food items, medicines, soap, brush, paste, health and life insurance, many such goods and services will either be tax-free or only a 5% tax will have to be paid. Out of the goods which were earlier taxed at 12%, 99% of the items have now come under the slab of 5% tax.

India has successfully built a digital public infrastructure for over 1.4 billion people at a very low cost. It is built around an open and accessible network. It has regulations and a wide range of applications to modernise our economy, reform governance and transform the lives of our people...Today, India leads in AI adoption and techno-legal solutions on data privacy...We have one of the world's largest AI talent pools.

AI is already reshaping our economy, security and even our society. AI is writing the code for humanity in this century...We are at the dawn of the AI age that will shape the course of humanity.

We live in an inter-dependent world. An isolated India is not in our interest.

The shipping sector is one of the major examples of the loss our nation had to bear. India was a global maritime power for a very long time. We were the biggest shipbuilding centre in the world... We used India-made ships just 50 years ago.

I have come to Bhavnagar at a time when the Navratri festival is about to begin. This time, due to the reduction in GST, markets are expected to be more vibrant. And in this festive atmosphere, we are celebrating the 'Samudra Se Samriddhi' festival today.

If due to environment businesses flop then we don't look at religion involved in it right? We worry about environment; similarly we have to look at the rural economy. So country's problem is not Modi but a "stagnated perverted mindset". They want to take every issue to that one [communalised] corner.

Tourism provides employment to the poorest of the poor. Gram seller earns something, auto-rickshaw driver earns something, pakoda seller earns something, and tea seller also earns something.