K. R. Narayanan - Economic Quotes

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We started with pure parliamentary democracy at the Centre and in the States. Now this has been extended to the grassroots, though not in the Gandhian way, but according to the dream of Gandhiji, along that line. We have extended democracy to the grassroots, in the panchayati raj experiment and I think that has given solid support to our parliamentary system. Our parliamentary system could not have survived, without this basic grassroot support. But all these can function only in an atmosphere of social and economic progress and greater equality.

K. R. Narayanan
We have to give a sense of economic liberation to the masses and for that, I think the basic thing we have done or we attempted to do, in the beginning, and we have not yet completed that process, is that of land reforms. I think some of the Indian states have been successful in bringing about land reforms but to get a sensation of economic empowerment in society, even a bit of land of their own, is necessary for the common people and it has been shown by Japan, Taiwan, South Korea, which have achieved remarkable economic successes, that land reform was one basic prior thing they did.

K. R. Narayanan
... when we became independent and Nehru spelt out his vision, we appeared to be the leader, we are the only country which articulated the aspirations of Asia as a whole for the first time. Then other countries, small countries, big countries have come up asserting themselves, and, but still we are, because of our economic development, everybody knows that India is geographically a big central chunk of Asia and that it is an expanding economy. It is a technologically progressing society and in every field it is making a mark. And everybody recognises this role of India, but I think we have to articulate our position in Asia, in a new way, in a new set of circumstances that would appeal to everybody.

K. R. Narayanan
Economic liberalisation is a world phenomenon. Socialist countries, capitalist countries, all of them, have to take to liberalisation. The liberalisation took place first in Britain, then in the United States under President Reagan, these were not liberalising from a socialist system. I think it is because of the stage of economy which the world has reached at present and the stage of technology. At every historical and technological and economic age there are policies which would be suitable for that period and countries. We have to adopt policies, dictated by the circumstances and the necessities of the time.

K. R. Narayanan