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Jagdish N Bhagwati - Sustaining India S Growth Miracle

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Jagdish N Bhagwati Sustaining India S Growth Miracle

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Sustaining Indias Growth Miracle
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Sustaining Indias Growth Miracle
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EDITED BY
JAGDISH N. BHAGWATI AND CHARLES W. CALOMIRIS
Columbia University Press Publishers Since 1893 New York Chichester West - photo 1
Columbia University Press
Publishers Since 1893
New York Chichester, West Sussex
cup.columbia.edu
Copyright 2008 Jerome A. Chazen Institute of International Business
All rights reserved
E-ISBN 978-0-231-51294-7
Library of Congress Cataloging-in-Publication Data
Sustaining Indias growth miracle / edited by Jagdish N.
Bhagwati and Charles W. Calomiris.
p. cm.
Includes index.
ISBN 978-0-231-14366-0 (cloth : alk. paper)
ISBN 978-0-231-51294-7 (e-book)
1. IndiaEconomic policy1991Congresses. 2. IndiaRelationsUnited StatesCongresses. 3. United StatesRelationsIndiaCongresses. I. Bhagwati, Jagdish N.,
1934-II. Calomiris, Charles W.
HC435.3.S87 2008
338.954dc22 2008003609
A Columbia University Press E-book.
CUP would be pleased to hear about your reading experience with this e-book at .
CONTENTS
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AIGAmerican International Group
APDRPAccelerated Power development and reform Programme
AT&Caverage transmission and commercial
BGSBasic Generation Supply
BIFRBoard of Industrial and Financial rehabilitation
BJPBharatiya Janata Party
BLSBureau of Labor Statistics
BPObusiness processing outsourcing
BPTbusiness, professional, and technical
CACcapital account convertibility
CARECalifornia Alternative Rates for Energy
CBOCongressional Budget office
CERCCentral Electricity Regulatory Commission
CMCComputer Maintenance Corporation
CMMCapability Maturity Model
CPSUCentral Public Sector Undertaking
CPUCCalifornia Public Utilities Commission
CRRcash reserve ratio
DMKDravida Munnetra Kazhagam
ECEuropean Commission
ECSFMEmpowered Committee of State Finance Ministers
E&Heducation and health
EIAEnergy Information Administration
EPOengineering processing outsourcing
ERPEnterprise Resource Planning
EUEuropean Union
FCACfuller capital account convertibility
FDIforeign direct investment
FERAForeign Exchange Regulation Act
FERCFederal Energy Regulatory Commission
FICCIFederation of Indian Chambers of Commerce and Industry
FPCFifth Pay Commission
FPIFund for Public Investment
FPRCFiscal Policy Review Council
FRBMAFiscal Responsibility and Budget Management Act
FRCFiscal Review Council
GDPGross Domestic Product
GFDgross fiscal deficit
GSTgoods and services tax
HRDHuman Resources and Development
IDAIndustrial Disputes Act
IDAInternational Development Association
IIMIndian Institute of Management
IITIndian Institute of technology
IMFInternational Monetary Fund
IMRInformation Management Resources
IR/PSInternational Relations and Pacific Studies
ISCInter-State Council
ISOindependent system operator
ITinformation technology
ITESIT-enabled services
KPOknowledge process outsourcing
LMPlocational marginal prices
MFAMulti-Fiber Arrangement
MMCMonopolies and Mergers Commission
MOAMemorandum of Agreement
MOFMinistry of Finance
MOUMemorandum of Understanding
NASNational Accounts Statistics
NBERNational Bureau of Economic Research
NCLTNational Company Law Tribunals
NCMPNational Common Minimum Programme
NDANational Democratic Alliance
NDCNational Development Council
NDTLnet demand and time liabilities
NEPNational Electricity Policy
NERGANational Employment Rural Guarantee act
NETANew Electricity Trading Arrangements
NICNational Informatics Centre
NIPFPNational Institute for Public Finance and Policy
NJBPUNew Jersey Public Bureau of Public Utilities
NOPRnotice of proposed rulemaking
NRInonresident Indian
NSDLNational Securities Depository Limited
NSSNational Sample Survey
PSBRpublic-sector borrowing requirements
RBIReserve Bank of India
RGGVYRajiv Gandhi Grameen Vidhyutikaran Yojana
SCIDStanford Center for International Development
SEBstate electricity board
SERCState Electricity Regulatory Commission
SEZSpecial Economic Zone
SITCStandard International Trade Classification
SLRstatutory liquidity ratio
SSIsmall-scale-industry
STPSoftware Technology Park
T&Dtransmission and distribution
TFCTwelfth Finance Commission
TFPtotal factor productivity
TINTax Information Network
TRCTax Reforms Committee
UGCUniversity Grants Commission
UPAUnited Progressive Alliance
USPTOU.S. Patent and Trade office
VATvalue-added tax
WTOWorld Trade Organization
Upon completion of the october 2006 India: An Emerging Giant conference, we knew that the content presented at the conference by the talented group of India experts assembled at the event should be shared with a wider audience. through the efforts of the School of International and Public affairs at Columbia University and Columbia business Schools Jerome a. Chazen Institute of International business, the conference was an enormous success, attracting prominent businesspersons, government officials, policy makers, and academics. we wish to extend special thanks to Saroj and Sreedhar Menon for their support of the conference. Professor arvind Panagariya, the Jagdish bhagwati Professor of Indian Political Economy, International and Public affairs and Economics, and a contributor to the volume, played a key leadership role in coordinating both the conference and the volume.
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