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Global economic instability affecting all nations: President

In her address to the nation on the eve of the 63rd Republic Day, Pratibha Patil said all countries were facing the impact of global economic instability and there were questions about how growth and resources will be shared in an equitable manner. Security tightened across the country on Republic Day eve

delhi Updated: Jan 25, 2012 22:43 IST
President-Pratibha-Devisingh-Patil-addressing-the-Nation-on-Wednesday-on-the-eve-of-63rd-Republic-Day-of-India-HT-Photo
President-Pratibha-Devisingh-Patil-addressing-the-Nation-on-Wednesday-on-the-eve-of-63rd-Republic-Day-of-India-HT-Photo

President Pratibha Patil on Wednesday said all countries were facing the impact of global economic instability and there were questions about how growth and resources will be shared in an equitable manner.

In her address to the nation on the eve of the 63rd Republic Day, the president conveyed her greetings to all citizens of the country for their contribution to nation-building.

The president said forces of globalisation had created an interlinked and interdependent world and no country exists in isolation.

"All nations, developed and developing, are facing the impact of global economic instability, as well as problems of unemployment and inflation in varying degrees," she said.

She said aspirations of people were rising coupled with their expectations of immediate solutions.

"We are observing an information explosion and ever-newer technological inventions. These have altered lifestyles and there is also a growing quest for materialism. There are persistent questions about how growth and resources will be shared in a more equitable manner. There are worries about the direction in which the human community is heading in this age of globalisation, knowledge and technology," she said.

She conveyed her special greetings to the armed forces and para-military forces who guard the frontiers and her best wishes to internal security forces and civil services.

'Reform global institutions'

Underlining India's growing global stature, the President today pitched for the reform of global institutions to reflect contemporary realities.

"The role and stature of India has been growing and our nation has been scaling up the ladder of the comity of nations," Patil said in her televised address.

India seeks an architecture for global institutions that is more reflective of contemporary realities, Patil said in her fifth Republic Day address as the first woman president of India.

Patil stressed that India's foreign policy was aimed at promoting an environment that is conducive to its socio-economic transformation and said New Delhi sought to build bridges of cooperation and friendship with all countries of the world.

"We constructively engage with the international community to find responses to global challenges," she said.

Patil also lauded the Indian diaspora, spread over many countries and across continents, “to the economic, professional and political fields of the countries where they live.”

India is currently a non-permanent member of the UN Security Council and is an aspirant for a permanent seat in the global body.

'Need scientific and technological outlook'

Stressing the need for scientific and technological outlook among people, she said that India will continue to bring moral force on the global stage.

"We want a scientific and technological outlook in our people," Patil said.

"We also look towards India as a country which will continue to bring moral force on to the global stage. I believe that there is a unity behind this vision of India," she added.

"How should we proceed to build our nation and its people? I believe that the answer lies in our age-old values, the ideals of our freedom movement, the principles of our Constitution, as also in our unity, a positive attitude and our aspiration to grow."

The president said that "we look at building our country, as one whose economy demonstrates a robustness to grow, so that we can become a developed nation."

'Need to correct gender discrimination'

Holding that the status of women is an important indicator of progress in a society, Patil called for removing social prejudices that have led to gender discrimination in the society.

She said social evils like female foeticide, child marriage and dowry must be eradicated.

"I strongly believe that women need to be drawn fully into the national mainstream. Empowerment of women will have a very big impact on creating social structures that are stable. An important component of women's development is their economic and social security," she said.

"Social prejudices prevalent in our society which have led to gender discrimination need to be corrected," she added.