The Indian economic reforms is to be more agrobased and have to be more on eco friendly as it is a tropical country where the scope of manufacturing for a third country is to be stopped and only concentrate on what nature has gifted us and be exporters of agro products and intellectuals. 2. Financial management needs more practical approach in the matter of currency management so that black money and fake money is unearthed. Deficit financing is to be adopted with stable index.