The article models the Indian economy using data from 1980 to 2019, based on the New Keynesian framework. They created equations to represent factors like consumption, investment, exports, and imports. The study found that fiscal policies have a bigger impact on economic growth in India compared to monetary policies. Consumption is linked to income, private investment follows the accelerator principle, and exports are influenced by world income and exchange rates. Import demand is affected by domestic income and inflation differences. The study suggests using fiscal and monetary policies to boost growth in the Indian economy.