After he took oath, Mukherjee was offered a 21-gun salute marking the assumption of office of the highest Constitutional post in the country. In his address, Mukherjee asserted that for the real development of the country, the poorest of the land must feel that they are part of the narrative of the rising India and poverty is erased from the dictionary of modern India. He said the trickle-down theories did not address legitimate aspirations of the poor and those at the bottom must be lifted up for a better life.  Terming terrorism as the fourth world war that the international community is facing, Mukherjee said India had been on the frontlines of this war long before many others could recognise its consequences. He sounded firm in his opinion that those, who instigate violence and perpetuate hatred(cause to continue or prevail) need to understand the truth that few minutes of peace would achieve far more than many years of war. The new President reiterated that India would not be deflected in its mission by noxious practitioners of terror.  Calling corruption an evil that can depress the nation's mood and sap9अशक्त या दुर्बल होना0 its progress, Mukherjee affirmed that the greed of a few could not be allowed to hijack the progress of the nation.  He said the country had achieved much in the field of agriculture, industry and social infrastructure, but it was nothing compared to what India, led by the coming generations, would create in the decades ahead. Highlighting the importance of non-violence in nation building, Mukherjee said violence was external to human nature. Quoting Swami Vivekananda, he said India would rise not with the power of flesh but with the power of spirit.

Industrial production growth rate slowed to 2.4 per cent in May, this year due to contraction in capital goods and mining output, coupled with poor show by manufacturing sector.
According to the official data released today, growth in factory output, as measured by the Index of Industrial Production or IIP, was 6.2 per cent in May 2011, Meanwhile, the industrial growth rate for April, 2012 was revised to 0.9 per cent, from 0.1 per cent reported earlier.

For the first two months of the current fiscal, April-May, the industrial growth is sharply lower at 0.8 per
cent, compared to 5.7 per cent in the year-ago period.

However, consumer Durables production showed a faster growth rate of 9.3 per cent in May, as compared to 5.1 per cent in thesame month last year.

The consumer non-durables segment output growth remained flat at 0.1 per cent in May, as against 9 per cent in the same month last year.

Power generation witnessed a slower growth of 5.9 per cent during May, compared to 10.3 per cent in the same month a year ago.

In all, 12 of the 22 industry groups in the manufacturing sector have shown positive growth during May as compared to the same month a year ago.

Goa has offered single window clearance to attract leading companies to set up shop in the state. It has assured transparency in government dealings.

Chief Minister Manohar Parrikar told Chief Executive Officers and Captains of industry that all the industry related policies will be in place by August end.

He said the policy guidelines for Biotechnology, IT and Industrial policy are also being finalised. 

He was addressing Goa Investment Forum 2012 at Panaji today. 

Talking to reporters on the sidelines of the conference, Parrikar admitted that there are certain infrastructure related issues being faced by the industrial estates(everything you own; all of your assets (whether real property or personal property) and liabilities) in the state, but said these will be settled soon.