“I consider it my duty and my life’s aim to do everything possible for Russia, for its present and for its future,” Putin said, with his hand on the Russian constitution.
“I strongly feel conscious of my colossal responsibility,” Putin said at the ceremony.
“We have revived pride in our fatherland. As head of state I will do all I can to multiply the strength and prosperity of Russia”, Russian president noted.
“Our main task for the next few years is a significant raise of the citizens' real income,” Putin added.
President Putin was re-elected in March for another six-year term after securing more than 76 percent of the votes, in what was recorded as his best ever performance.
He also served as prime minister from 2008 to 2012 when current Prime Minister Dmitry Medvedev was president.
Following his inauguration, Putin will have two weeks to recommend to the State Duma a candidate for the position of prime minister, who will then be tasked with forming a new government.
