The Forum of Free Enterprise is a non-political organization founded in 1956 by A. D. Shroff, and has been established to educate public opinion in India on free enterprise and a democratic way of life. The Forum publishes booklets to further its objects. The following booklet titled “Statement on the Current Economic Situation in India” was published in September 2019. This booklet acknowledges India’s declining economic growth and remarks how it is an impediment for India’s economy to reach the stated ambition of the 5 trillion-dollar mark. It urges that there should be a special session of parliament concerning the current economic slowdown, it details the issues such as the Role of the Government, Subsidies and Nationalization, Divesting Landholdings, Punitive actions, Skill Development, ease of doing business, Transparency in policy making, Nurturing the spirit of entrepreneurship and some industry-specific measures which Parliament should consider while debating on current economic slowdown and the role of government and private sector in India. The text concludes with the view that the government’s ambitious target of creating a 5 trillion-dollar economy by 2024 needs structural reforms and sustained growth, and expects the government to invest its political capital to achieve its stated aim.