At present the Indian economy is going through a rough patch and according to the economists it is due to policy paralysis of the central Government.It is indeed ironical to state this that the country is going through an economic slowdown under the stewardship of one of the best economist India has ever produced,Dr.Manmohan Singh who is the prime minister of India at present.It was under Dr.Singh that India became an economic power to reckon with in 1991 when he introduced the LPG model which stands for Globalisation,Privatisation and Liberalisation.Now lets see what are the bottlenecks of the Indian economy at present.1) The government haven't been able to push through reforms in pension,banking aviation and retail sectors which is hampering the flow of FDI and thereby adversely affecting the Balance of payment.2)Lack of consensus among the political parties including the allies.3)Detoriaration in global economic conditions.4)Excessive high rate of interest to curb inflation which is stifling the industrial growth.5)Introduction of GAAR with retrospective affect which led to negative market sentiment.6)FIIs are selling equities and leaving the Indian market.7)High fiscal deficit.Let's see what the Governmet can and needs to do to revive the economy.1)it may not be possible for them to push through reforms as they don't have the requisite numbers in parliament but they can withdraw the GAAR which will lift the market sentiment.2)increase the fuel prices and thereby reduce the subsidy bill.3)Ease the rate of interest even at the cost of inflation as growth is the top prority now.4However, it is easier to jot down the points but it is very difficult to execute these measures.In order to save the country the government needs to implement these measures or in the words os the Prime minister they will have to "bite the bullet".