Strength: The strength of the Indian economy lies in its robust nature, which is evident from its constant

growth even during times of recession (2008-09). The banking and credit system has been able to survive the downturn due to heavy regulations imposed by the RBI. This brought more transparency to the system. Another important factor that forms the spine of the Indian economy is agriculture, because it employs nearly 50% of the total population. Although agriculture shares only 18.5% of GDP, it makes India self-reliant in terms of food supply. Today, India is a leading producer of a number of agricultural products that give a boost to the export value. The youth of India, which makes a large part of the population is an advantage as it constitutes a huge work force. Weaknesses: Primary weakness of the Indian economy is its excessive dependence on agriculture. Since agriculture is monsoon dependent trade, production can vary by large margins and cause turbulence in the economy. India also lags behind in social development. A large part of the population is still living below the poverty line. Another weakness is the literacy rate. Although we have achieved high progress rates in terms of GDP, more than a third of the population remains illiterate, thus, easily exploitable. Opportunities: India has ample opportunities for growth. The agriculture sector and SMEs need to be encouraged and assisted as they have high potential. Indian government should focus on defining and properly implementing the policies for rural development, as most of the population resides in rural India. Also, there is a scope for large-scale infrastructure development and a need to properly carry out the MNREGA, JNNURM and other schemes, so that the benefits penetrate to the lower level of the population. Tourism is a thriving industry in India and we need to harness its potential. It will help raise our foreign reserves and create employment opportunities. Threats: Terrorism and corruption are the greatest threats that India faces. It is because both hamper the growth of people and trade, which is a must for overall economic growth. The rising inflation, hording and black-marketing, also pose a threat to economic development. Economic growth, mainly the exports, has seen a downward trend due to the worldwide economic downturn and has become a cause of concern. The Indian

government needs to redefine its policies and bring more stringent reforms to steer out of this turbulence.
Highly educated , skilled ,young, capable & dynamic human resources English speaking & analytical students World class business-social-spiritual political leader, Professor, scientist, Manager-DoctorEngineer-Civil servants etc Very rich in Natural & Living resources Biodiversity & Traditional knowledge base Diversity vs. Ideas-Innovation-Integration Powerful spiritual strength (yoga-Ayurvada-Healing-therapy services) Geographical location (whole markets are shifting toward Asian nations) India Strategic position at various platforms Big democracy, Big market & free media Range of emerging professional champions IT & Software superpower WEAKNESSES: Lack of trained & skill work force Small supply of specialize professional Lack of spirits of entrepreneurship, patriotisms and leadership skill Lack of effective & execution framework Lack of Indian management models Lack of transparency-Trust-Responsibility Lack of learning habits & Team work spirit Fear of sharing knowledge & taking risk Thinking win-lose lose-win look-outside

Slow absorption of Innovation & change Lack of Indian management models Absence of greater technology impetus Unawareness: Quality-Standardization Lack of Emotional-Spiritual development Rush of getting high marks not Development Blindly respect anything taught by elders

THREATS

(Internal & external):

A feeling of unstable government Self centered political leadership Slow & Dysfunctional judiciary and corrupt law enforcers Regulation, protection and restriction Mechanistic -stable-Layered-complex system Corruption, Ignorance & Complacency High competitive & marketing forces To patent Indian intellectual property by outsider (unawareness about own research) Fast change Internet-information technology& new Inventions-Technology-Innovations Diversity vs. Imbalance- clashes Regional-Religion-caste-culture conflicts Migration of all branch to software job Job seeking mind sets, not job creator Unnecessary social pressure on students Excessive rich & powerful mindsets

OPPORTUNITIES
Big potential market in education Sector & emerging new market Segment in services (create it) General Agreement of trade on Services Research & Development capability Generate intellectual property Resource Building capacity Competition- cost Quality service Collaboration : win-win thinking Hybrid solutionbalancing & blending Tourism, health sector, food processing Rural economy development & social transformation ( PURA model ) Need modernization of infrastructure , Library and laboratory Internet institute network & e-Library Councilors and student advisors

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