In the recent Indian history, very rarely have we come across a situation like that which exists now. We have an ascending economic trajectory, continuously rising foreign exchange reserves and global recognition of our technological competence. We also have the energy of 540 million youth, the connectivity of 20 million people of Indian origin in various parts of the planet, and the interest shown by many developed countries to invest in our engineers, scientists and other professionals including setting up of new research and development centers in India. The government is committed to economic development by ensuring a growth rate of 7 to 8 per cent annually, enhancing the welfare of the farmers and workers, and unleashing the creativity of the entrepreneurs, businesspersons, scientists, engineers and other productive forces of the society.