The Indian economy is facing several challenges in the current scenario. Here are some major challenges and measures to overcome them: 1. Slowdown in GDP growth: The GDP growth has been sluggish for the past few years. The government should take measures to boost demand and investment, such as reducing tax rates, improving infrastructure, and relaxing foreign investment norms. 2. Unemployment: Unemployment is a significant issue in India. The government should focus on creating jobs through skill development and entrepreneurship programs, and incentives for businesses to invest in labor-intensive industries. 3. Agricultural distress: The farming sector is facing various challenges, including low productivity, lack of irrigation facilities, and small landholdings. The government should increase investment in agriculture and implement measures to improve productivity such as better irrigation facilities, access to credit, and advanced technologies. 4. Debt crisis: There is a growing debt crisis in various sectors, such as banks, corporates, and households. The government should take steps to address the issue by encouraging debt restructuring and promoting financial discipline. 5. Environmental degradation: India is facing severe environmental degradation, such as air and water pollution and declining forest cover. The government should take a proactive approach to address these issues by promoting sustainable development and enforcing environmental laws. In conclusion, the Indian government needs to take a holistic and proactive approach to address these challenges. By implementing these measures, India can create a more stable, sustainable, and prosperous economy.