by Rakesh Mohan
stabilization policies, 407
Standard Life Investments, 452
Standard Life Plc, UK, 452
start-ups, 263, 447, 553, 577, 588–89
state, states
empowerment, 252–71
growth and resources, 254–56
and market, relationship, 317
state-owned enterprises (SOEs), 460
winners and losers, 474–76
State Bank of India (SBI), 73, 75, 420, 465
State Electricity Commissions, 335
State Electricity Regulatory Commissions, 247, 268
State Higher Education Councils, 381
Statins, 600
statutory liquidity ratio, 410, 446, 448–49
Steel Authority of India Limited (SAIL), 474
stock exchanges, 52, 75, 419–20, 421–22, 431, 436, 439, 440, 442, 542, 597, 601, 612, 614
government-sponsored, 442
Stock Holding Corporation of India, 420
Strategic Planning Group (‘R’–reforms–Group), 315–16, 318, 320
structural adjustment programmes, 7, 9, 240
structural change, adding dimensions to, 530
structural reforms, 48, 51, 276, 557
in banking sector, 407, 414
Subramanian, Arvind, 57, 78, 99, 218, 530
subsidies, 65, 79, 88, 111, 135, 142, 183, 190, 244, 259, 284, 294, 321, 330, 333–35, 341, 342, 356, 374, 387, 446, 483, 535, 612
Sun Pharma, 465, 531, 537
supply chain, 142, 144, 145, 305, 561, 562, 589
Sustainable Development Goals (SDGs), 399, 562
Suzuki Motor Company, 302, 569
Swachh Bharat (Clean India), 234
Syngene International, 601, 604
synthetic textile industry, 486
systematic risk management, 436–37
Taiwan, 166
economic growth, 89, 93, 192, 560
healthcare, 398
India, diplomatic relations, 169–70, 172, 173 industrialization, 526
research and development (R & D), 509, 510, 514, 515
technical capability, 525
‘taper tantrum’, 59
tariff, tariffs, 99, 116, 193–95
distribution across agriculture and non-agriculture products, 124–25
for non-agricultural items, 127
policy, 2006, 247
rates, reduction, 119–20, 132, 412
reform, 118–35
regime, simplification, 131, 147
Tariff Authority of Major Ports (TAMP), 350, 354–55
Task Force on Financing of Urban Development, 9
Task Force on Indirect Taxes, 145
Task Force on the National Electricity Policy, 2004, 335
Tata Group, 332, 487, 497, 499, 575–77, 537
acquisition of Corus and Jaguar Land Rover, 95, 588
acquisition of Tetley, 588
and liberalization, 579–81
before liberalization, 590
the early years of liberalization, 579–81
the later years of liberalization, 584–88
Tata Business Excellence Model (TBEM), 585, 586, 587
Tata Chemicals, 583, 588
Tata Code of Conduct, 587
Tata Communications, 588
Tata Consultancy Services (TCS), 72, 311, 465, 527, 582
Tata Group Innovation Forum, 587
Tata, J.R.D., 224, 579, 585, 586
Tata Management Training Centre, 586
Tata Motors, 302, 311, 531, 532, 534, 536, 579, 580, 588
Tata Nano, 586
Tata Oil Mills Company (TOMCO), 581, 583
Tata, Ratan, 226, 497, 576, 579, 580, 581, 585
Tata Sons, 72, 576, 579, 580, 581, 585, 587
Tata Steel, 536, 579, 586, 588
Tata Tea, 588
tax policies, 89
Tax Reforms Committee (Chelliah Committee), 50, 118–19, 127, 131–32, 155, 245, 304
tax reforms, 9, 52, 240, 486
Tea Estates India, 584
Technical Barriers to Trade (TBT), 135, 136, 139–41
technical capability
impact of trade regime, 524–25
R & D and innovation, 509–15, 532
technology, 32, 42, 88, 112, 142, 146, 149, 154, 187, 192, 230, 283, 296, 303, 312, 332, 339, 450, 549–50, 562–63, 610
change, 30, 42, 344, 509
development, 41, 239, 307–8, 310–11, 513
discourse on, 535–36
foreign, 19, 27, 28, 37, 300–1, 302, 307, 593
hardware, 510, 530–31
and healthcare, 398, 399
import and export of, 509, 525–26
indigenous, 41
industrial, 28, 37
and innovation, xiii, 338, 535–36, 563
investment, 37, 40, 493
licensing, 525, 612
modernization and upgradation, 30–31, 118, 486
led start-ups, 597
transfer, 27, 49, 593
Technology Development Investment Corporation of India (TDICI). See ICICI Ventures
Technology Mission on Oilseeds (TMO), 285–86
TELCO, 586
telecom sector, telecommunications, 217, 259–61, 270, 336, 338–41, 460, 467, 473, 475, 488, 560, 563, 569
in the post-reform era, 81, 82
Telecoms Dispute Settlement Appellate Tribunal (TDSAT), 338, 342
Telecom Regulatory Authority of India (TRAI), 259, 332, 338, 342, 350
Telecommunications, Department of (DoT), 326, 338
telephones, 68 326
Tendulkar Committee, 60–61, 292
terms of reference (ToR), 242, 243
terrorism in Jammu and Kashmir, 170–71, 213
Tewari, Leena, 487
Textile Commissioner, 70–71
Thackerays of the Shiv Sena, 86
Thailand, 477, 510, 588
healthcare, health insurance, 389, 395, 397, 398 manufacturing industry, 301
Thapar, Gautam, 463
Thapar, Lalit, 463
Thatcher, Margaret, 4, 7
Tiananmen killings, China, 1989, 169, 176
Todd, Lord Alexander Robertus, 496
total customs revenue, 122
Total Oil, 317
trade
deficit, 114, 468
facilitation, 144–45
share in global economy, 93–95
liberalization, 50, 52, 94, 137, 192, 198
policies on agri products, 285–89
promotion measures, 37
regime, impact on technical capability, 524–25
unions, 10, 30, 84, 85
trade policy, 99–100, 535–36
changes, 276
many types of policies and still evolving, 115–16
reforms in India since 1991, 35, 110–61, 275
reforms, services and regulation as integral part of, 142–44
Trade Related Aspects of Intellectual Property Rights (TRIPS), 495, 496, 601–03
Transatlantic Trade and Investment Partnership (TTIP), 181
transfer system, changes, 242–45
Trans-Pacific Partnership (TPP), 100, 115, 123, 145, 146, 177, 180, 181
transparency, 69, 116, 127, 132, 140, 144, 205, 214, 216, 220, 247, 317, 451, 456, 618
in government procurement procedures, 309
transport network, 326, 331, 337, 342, 475
Tregopil, 601
Triomune, 495–96
Tripathi, Dwijendra, 499–500
Triveni, 537
Trump, Donald, 92, 100, 180–83
Turkey, 232, 397, 478
Health Transformation Programme, 396
TVS, 500
2G Scam, 338–39
Tyco Global Network, 588
Ujwal DISCOM Assistance Yojana (UDAY), 2015, 248, 334–35
Ukraine crisis (2014), 182, 183
unemployment, 62–63
Unilever, 577, 582, 583, 599, 612, 613
Unilever Arabia,
576
Unique Identity ‘Aadhaar’ Card, 204
Unit Trust of India (UTI), 419, 421, 431, 435, 448
US-64, 435
United Breweries group of companies, 437
United Front (UF), 52, 229
United Nations (UN)
Economic and Social Commission for Asia and the Pacific (ESCAP), 18
Framework Convention on Climate Change, 173–74
Human Development Index, 205
Human Rights Council (UNHRC), 167, 169–70
Security Council, 174, 179
United Phosphorus, 537
United Progressive Alliance (UPA), 53, 58, 167, 174, 204, 217, 282, 319, 379, 380, 467, 478
II, 58, 282, 290, 467
United States, 503, 542, 561
Agency for International Development in India (USAID), xviii, 448
anti-dumping measures, 137, 139
China, relations, 174, 176, 178, 181, 192–94
China–Russia triangle, 182–83
Comprehensive National Power Index, 197
Dodd–Frank legislation, 439
Federal Reserve, 439
Food and Drug Administration (FDA), 600
Healthcare, 389
higher education, 383
emergence as a hyper-power, 176
India diplomatic relations, xv, xvii–xviii, 53, 165–69, 172, 176, 185, 199
counterterrorism cooperation, 167, 180
Iraq invasion, 178
and Pakistan relations, xvi
Saudi Arabia relations, 183
tariffs, 120, 124, 125
terrorist assault (9/11), 180
user fees and subsidies, 333
Universal Health Coverage (UHC), 385, 389–90, 399
Universal Service Obligation (USO), 326, 336
Universities for Research and Innovation Bill (2012), 380
University Grants Commission (UGC), 380, 382
university system in India, 369, 377
unorganized sector, 31, 62, 63, 64, 84
urban consumption, 543
urban infrastructure, 359–60
urbanization, 7–9, 14, 87, 205, 383
Usual Principal and Subsidiary Status (UPSS), 62
USV, 487
Vaghul, Narayanan, 596
Vahanvati, Goolam, 214
Vajpayee, Atal Bihari, xvii, xviii, 33, 52–54, 166, 198, 229, 231, 234, 315, 320, 440, 441, 459, 476, 478, 569, 571
value added tax (VAT), 238, 245–46
value chains, 111–12, 139, 144, 149
Venkateswaran, Sandhya, 38
venture capital, 423
funding, the advent of new-age companies, 595–97
Verma, Amar Nath, 5, 6, 18–20, 22, 23–24, 28, 30, 73, 74, 226, 227
Vicco Vajradanti, 589
Videsh Sanchar Nigam Limited (VSNL), 326
Gateway Internet Access Service, 332
Virmani, Arvind, 10
Vision Group on Biotechnology, 605
Vittal, N., 614
Vohra Committee report (1993), 207
voluntary retirement schemes (VRS), 476
Volvo Motors, 305
vote bank politics, 377
Vyapam scandal, 378–79
Wadia, Lovji, 500
Wadia, Nusli, 463
Walls Frozen Desserts, 583
Warsaw Pact, xvii
Warwick University, UK, 308
Washington Consensus, 52, 57, 176
waste management, unscientific, 65
water
infrastructure, 326
management and agriculture, 294–95
Wheel, 579
White Revolution (milk), 277, 286
Wipro, 465, 527, 569
Wockhardt, 603, 606
Wolf, Martin, 35
worker population ratio (WPR), 482
World Bank, ix, 5, 6, 7–9, 31, 34, 49, 51, 52, 66, 241, 425, 448, 477, 479, 482, 564
World Development Report (2008), 34, 292
World Economic Forum (WEF)
Geneva, 227, 232
Davos Symposium, Switzerland, 19, 173, 227–28, 232
World Health Organization (WHO), 603
World Trade Organization (WTO), xix, 33, 53, 100, 104, 105, 115, 124–25, 133, 136, 143, 158, 160, 168, 230, 496, 594
dispute settlement system, 139, 141
General Agreement on Trade in Services, 112 Information Technology Agreement (ITA), 120 specific trade concerns (STCs), 140–41
Trade Facilitation Agreement, 145
agreement on Trade-Related Aspects of Intellectual Property Rights, 496
world trade. See global trade
World War II, 12, 70, 176
XCyton, 604
Xi Jinping, 180, 184
Y2K boom, 587
Yadav, Ram Krishna, 589
Yale Center for the Study of Globalization, xviii
Yale Global, xviii
Yellow Revolution (oils), 286
Yelstin, Boris, 171
Zahura, 583, 584
Zain Telecom, 574
Zandu, 589
Zee, 351
Zee TV, 569
Zhou Enlai, 192
Zydus Cadila, 606
