This could be excellent it is a very eye catching image Satish, the colours are amazing - perhaps just a tad OTT? Please correct me if I am wrong!
Although I like the brightness and the vivid colours I think you would see more detail if it was toned down just a little. The periphery of the wings for example appear to be in focus but a little "choked" if you see what I mean and the hairs around the head and body are not really discernible, also I think you have been monkeying around the leaf haven't you? I would love to see a repost, this really is worth spending some time on.
Hi Satish. Striking colors and a perfect specimen giving you a nice pose against a good background! Jon has given you some good suggestions to consider and I agree that this image is worth spending a little more time on. I might be tempted to crop a little off the bottom, but that's subjective and a minor point. Overall, this is very nicely done!
Taking to heart Bob's and Jonathan's suggestions, you may wish to try a tighter crop, and an exposure/gamma adjustment to pop the colors more dramatically.