The Indian diaspora is not a capital-accumulating diaspora. The Indian diaspora is doctors, lawyers, professors. Or newspaper sellers. They are basically trade- or profession-oriented, and so they're not major investors in their home country.

Elections in India are not contests between personalities. They are ultimately battles involving political parties; promises and pledges that political parties make; the vision and programmes that political parties bring to the table. So although, Modi's style is 'I, me, myself,' I don't think 2014 elections as a Modi versus Rahul contest.

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.

Industrialisation is necessary. But acquisition is by no means the only avenue through which it can be achieved. The Cochin Airport is a prime example of this. Instead of choosing to acquire the land, the State asked the private parties to negotiate with the landowners directly. The State merely acted as an arbitrator.

I understand the damage the expenses crisis has done to Parliament, and the paramount importance of restoring trust in our politics.

Leadership can not be measured in a poll or even in the result of an election. It can only be truly seen with the benefit of time. From the perspective of 20 years, not 20 days.

The federal government's done a very good job about tying goodies to our compliance with federal programs, whether it's the Department of Education, whether it's Obamacare with its generous Medicare and Medicaid dollars and the like.

The fundamental purpose of government is to protect its citizens.