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              when our independence was snatched away.   for knowledge and knowledge for all.
              No one, I may add, travels thousands of miles   Notwithstanding the tremendous pressure
              to conquer a poor country. Statistics published   of an adverse external environment, our
              by contemporary international scholars are   economy today is more resilient and confident.
              proof for sceptics. In 1750, seven years before   Two decades of steady economic reforms have
              the fateful battle of Plassey, India had 24.5%   contributed to improvement in average income
              of World Manufacturing Output while United   and consumption levels in both rural and urban
              Kingdom had only 1.9%. In other words, one   areas. There is new found dynamism in some
              in every four goods on the world market was   of the most backward areas bringing them into
              manufactured in India. By 1900, India had been   national economic mainstream. Yet there are
              left with only 1.7% of World Manufacturing   several gaps that need to be bridged. Much has
              Output and Britain had risen to 18.5%. The   been done, a lot more remains to be done.
              western industrial revolution was in its incipient   Institutions are the visible pillars of our
              stages in the 18th century, but even in this   Constitution. They are the interface between
              regard India slipped from 7 to 1 in per capita   principles and the people. Our institutions may
              industrialisation in that period, while Britain   have suffered from the weariness of time; the
              vaulted from 10 to 100. Between 1900 and 1947   answer is not to destroy what has been built, but
              India’s economic growth was an annual average   to re-engineer them so that they become stronger
              of 1%. From such depths we climbed, first, to 3%   than before. Institutions are the guardians of our
              growth, and then took a quantum leap forward:   liberty.
              today, despite two great international crises that   Democracy is a shared process. We all win or
              rocked the world and some domestic dips, we   lose together. Democratic temper calls for dignity
              have posted an average growth rate of more than   of behaviour and tolerance of contrary views.
              8% over the last seven years.                Old fires that threaten the stability of our
                 If our economy has achieved critical mass,   nation have not been fully doused; the ash
              then it must become a launching pad for the next   continues to smoulder. Our minorities need
              leap. We need a second freedom struggle; this   solace, understanding and protection from
              time to ensure that India is free for ever from   aggression. Violence is not an option; violence is
              hunger, disease and poverty.              an invitation to greater violence. We need peace
                 We are a nation that is becoming younger   for a new economic surge that eliminates the
              both in age and spirit; this is an opportunity   competitive causes of violence.
              as well as a challenge. The young thirst for   If there is one man in history whose name
              knowledge that will lift their skills; and for   is synonymous with peace, then it is Gandhiji,
              opportunity that will put India on the fast track   the architect of our independence. India is a
              to the first world. They have the character; they   land of plenty inhibited by poverty; India has an
              need the chance. Education is the seed; and   enthralling, uplifting civilization that sparkles
              economy is the fruit. Provide good education;   not only in our magnificent art, but also in the
              disease, hunger and poverty will recede. As I said   enormous creativity and humanity of our daily
              in my acceptance speech, our motto must be: All   life in city and village.
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