I Am Convinced The Entrepreneurial Spirit Of

India Has Remained A Full, Functioning Democracy.

We Are A Coalition Government, And That Limits Our Options In Some Ways. Privatization Happens To Be One Such Area.

When I Became Finance Minister In 1991, I Discovered That The Wealth Tax Rates Income - There Was Taxation On Wealth. It Was So Atrocious And So High That Actually Nobody Could Accumulate Money In An Honest Way. I Removed That Tax, And The Result Was That Indian Companies For The First Time Acquired An Incentive To Grow Big, To Grow Rich.

My Vision Is To Work For The Relationship Between India And Pakistan Which Would Be Like The Relation Between Canada And The United States.

The United States And India Can Work Together.