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We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

Manmohan Singh

#ample #capacity #confident #continue #country

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She propounded the left wing interpretation of Keynes maintaining that the state has to play more of a role if you really want to combine development with social equity. A renowned economist he is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term and the first Sikh to hold the office. She questioned me a great deal and made me think the unthinkable.

Although India's economy grew rapidly under UPA I its security was threatened by several terrorist incidents (culminating in the 2008 Mumbai attacks) and a growing Maoist insurgency. In 2008 opposition to a historic civil nuclear agreement with the United States nearly caused Singh's government to fall after Left Front parties withdrew their support. In 2004 when the Congress-led United Progressive Alliance (UPA) came to power its chairperson Sonia Gandhi unexpectedly relinquiManmohan Singhd the premiership to Manmohan Singh.

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