Presidential Address at the 17th AICEME

We are very fast approaching the end of the 20th century and entering a new era. The whole world is passing through an economic crisis. One often hears about crushing of share markets in one country after another. Basically, apart from food grain productions, all are mostly engaged in producing consumer goods and some are in armament manufacturing. For all these items produced one is to find market. Indiscriminate production of such things, irrespective of the need of mankind and survival, creates artificial condition of crisis in different countries.