In 2000, he says 42 million people lived below the poverty line. Now that figure is 20 million, which Putin says is "unacceptably high."
Putin praises his policies on the family and says birthrates have risen, mortality has fallen. But Russia is now feeling the effects of the demographic crisis of the 1990s.
Putin mentions government policies aimed at encouraging families to have more children. State support for nursery schools, kindergartens, and clinics. Support for mothers who want to return to work after having children.
Says spending on families will increase by 40 percent by 2024 to 3.4 trillion rubles.
Says it is the government's "moral obligation" to support the elderly, guarantee regular payments of pensions and regular increases in line with inflation.
Says new government will have to create a comprehensive program aimed at improving living standards for the elderly.
Says Russia must enter the top 5 economies in the world.
In 2000, life expectancy for men was less than 60. Since then, it has increased by more than seven years, he says. Average life expectancy for the whole country now is 73 and should be more than 80 by 2030.