as i feel about indian economy's present situation

indian economy is now facing a bigger challenge then ever before,the challenge is to save it from the negative effects of worldwide economic crisis.according to my opinion this will be not an easy task,first we have to carefully analyze the depth and width of the problem,then look for solution.it looks like that the capitalist economic theory is failing and i think that it is only the beginning.we can see further results of this economic meltdown in social sectors ,education etc. also.india can overcome these problems by serious efforts because our economy is a mixed economy and not a fully capitalist economy .so we will emerge as a more strong economic power of the world and will find a bigger role in this crisis management at world level.