Done By

Suman Kumari

Sri Sairam Institute of Technology

India's economy is growing rapidly. The Indian

economy is the 12th largest in the world and

is expected to continue to grow quickly.

Industry, services and agriculture drive the

economy

India has a mixed economy. This means that

the country has both private and government

operations within the market system.

Innovation is defined as a process by which varying

degrees of measurable value enhancement is

planned and achieved, in any commercial activity

by the introduction of new or improved goods,

services and processes. Innovation is the necessary

core competence to remain competitive in this new

landscape.

Strategy is a plan of action designed to achieve a

long-term or overall aim.

1.Billions transformed into productive

workforce.

2.Agricultural sector.

3.Foreign direct investment.

4.Curtailing of the imports.

5.Next strategy is – RBI regulation for NPA.

6.OIL negotiation and investing on renewaiable

source of energy for fuel.

7.GDP relation to Large scale production.

8.Gold.

9.Banking system flexible and more convenient.

10. Saving economy.

11.Unclaimed money or account with the

government.

12.Investment by government.

13.Tourism as a source of income.

productive workforce.

.Agricultural sector

.Foreign direct investment

Curtailing of the imports.

RBI regulation for NPA

OIL and fuel

GDP relation to Large scale production

Gold.

Banking system more convenient

Saving economy

Unclaimed money

Investment by government

Tourism as a source of income

Indian billion can

be transformed

into a productive

workforce by proper

training and skills.

1. licensing procedure has to be regulated carefully.

2. It has to be made more lucrative offer for foreign

company to invest in India so as to gain foreign

money .

3. FDI should not be extended in all parameter ex- as

in agricultural product.

4. We should allow them where we are lagging ex- in

case of technology we should allow them to spend and

let our economy grow by accumulating foreign money.

As India is a agricultural country it is not necessary to Imports the good in which we are sufficient. For examples fruits and vegetables or we can say agricultural products

Strategy for this is

Better storage facility.

Better distribution of food product.

RBI must make the strict measure For Non Performing asset . If it is being reduced it can too fetch lot of money in the market to make our economy grow by availing more money in the market.

At present strategy which can be taken in this

sector can be-

Storage facilities or cold storage for grains

storing.

Proper distribution of food grains.

Better irrigation facilities.

Modern tools and innovative ways for farming.

Oil negotiation

70% of our fuel consumption is from coal or natural resource of our country.

shifting the use of fuel from natural resource to renewaiable source of energy.

Strategy 6.OIL negotiation and investing on

renewaiable source of energy for fuel

Government should rethink about the policy

about the gold instead of raising the tax on it.

Control the expenditure and expenses of

government which is not necessary.

Make effective measures to control limit and

stop corruption from the grass root level to top

head of the country.

Pan card should not be asked for the transaction

of just 50,000. Loans for the poor people and

new business man has to be make with less

interest and hectic.

9.Banking system

India has a saving economy. Every Indian what

ever they earn they tries to save as fixed

deposit or in a plans of insurance.

Strategy for this whatever income is being

saved in the bank must be used in sector which

is growing and instead of putting it in the stock

market.

Unclaimed money with the government such as

Provident Fund and Insurance money,

government should make it partial and known

to everyone and utilize it properly

INFRASTRUCTURE

INFORMATION

TECHNOLOGY

TELECOM

HEALTHCARE

RETAIL

India have lots of monument, culture and

tradition and is being gifted with good

geographical features which is essential for

tourism.

Government can make schemes and

environment to attract the foreign tourist

which in turn will be a good employment

opportunity with out much initial investment

and bringing foreign money to boost our

economy.

Large Scale production will will boost the

economy from recession to growth.

Supply and Demand

Interest Rate

Unemployment

Inflation

Foreign Exchange Rate

Our economy is not in the hand of government it is our

responsibility to see that how government is doing his

work on his part and we should do our responsibility by

paying tax at proper time and by avoiding criminal

illegal activity.

A country can grow only

When each single individual of the country will grow.

We all should contribute something every day so that not

only single person but as a country we grow

And every individual can ‘BUY INDIAN AND BE INDIAN’

and can contribute in growth of Indian economy.

This can be done by awareness programmes