A B B R E V I A T I O N S AAI Airport Authority of India AAPs Annual Action Plans ACRS Agricultural Credit Review Committee ADB Asian Development Bank ADR American Depository Receipts AGMARK Agricultural Marketing Department AHT Agricultural Holdings Tax AIMO All-India Manufacturers Organisation AITUC All-India Trade Union Congress ATTWF All-India Textile Workers' Federation AMCs Asset Management Companies APC Agricultural Prices Commission APDRP Accelerated Power Development and

Reform Programme APDRP Accelerated Power Development and

Reform Programme APL Above the Poverty Line APM Administered Pricing Mechanism APR Administered Pricing Regime ARCI Agricultural Refinance Corporation of

India ARDC Agricultural Refinance Development

Corporation ARDC Agricultural Refinance Development

Corporation ARF Assets Reconstruction Fund ARM Additional Resource Mobilisation ARS Assets Responsibility System A S S O C H A M Associated Chamber of Commerce and

Industry ATC Agreement on Textiles and Clothing ATM Automatic Teller Machines BCR Balance from Current Revenues BFAD Brackish Water Fish Fa rmer s '

Development Agencies HI IK Board of Industrial and Financial

Reconstruction BIMARU States Bihar , Madhya Pradesh ,

Rajasthan and U.P. BIS Bank of International Settlement B M S Bharatiya Mazdoor Sangh BN Bharat Nirman BOL Build-Own-Lease B O O S Build-Own - Operate System B O P Balance of Payment

B O T Build-Operate and Transfer System BPE Bureau of Public Enterprises BPL Below the Poverty Line BSE Bombay Stock Exchange BSNL Bharat Sanchar Nigarm Ltd. CAC Capital Account Convertibility C A C P Commission for Agricultural Costs and

Prices CAD Command Area Development/Current

Account Deficit CADP Command Area Development

Programme CAG Comptroller and Auditor General CAGR Compound Average Growth Rate C ARC Congress Agrarian Reforms Committee CARDBs Cooperative Agricultural and Rural

Development Banks CARE Co-operative for American Relief

Everywhere C A S Credit Authorisation Scheme CBR Crude Birth Rate CCA Culturable Command Area C C B s Central Cooperative Banks CCFI Cabinet Commi t tee on Foreign

Investment CCI Communications Commission of India CCI Competition Commission of India CCI Controller of Capital Issues C C S Cash Compensatory Support C D S Current Daily Status C G S Credit Guarantee Scheme CHV Community Health Volunteer CD Confederation of Indian Industry CIL Coal India Ltd. CIRM Central Industrial Relations Machinery C I S Commonwealth of Independent States CITU Centre of Indian Trade Unions C K D Completely Knocked down CMA Credit Monitoring Arrangement CMIE Centre for Monitoring Indian Economy C M P Coommon Minimum Programme C N C Computer Numerically Controlled COFEPOSA Conservation of Foreign Exchange and

Prevention of Smuggling Activities COPU Committee on Public Undertakings

1028

A B B R E V I A T I O N S 1029

C O R Capital-Output Ratio CPI Consumer Price Index CPI Corruption Perception Index CPIAL Consumer Price Index for Agricultural

Labourers CPDW Consumer Price Index for Industrial

Workers CPINM Consumer Price Index for Non-manual

Employees CPR Couple Protection Rate CPSEs Central Public Sector Enterprises CPSU Central Public Sector Undertaking CRAR Capital to Risk Assets Ratio CRISIL Credit Rating Information Services of

India Ltd. CRR Cash Reserve Requirements CSEAs Cluster Small Enterprise Associations CSEPs Cluster Small Enterprise Associations C S F Consolodated Sinking Fund CSIR Council of Scientific and Industrial

Research C S O Central Statistical Organisation C S T Central Sales Tax C T M Cotton Technology Mission C W C Central Warehousing Corporation DCPs District Credit Plans DDP Desert Development Programme DFH Discount and Finance House of India

Ltd. DFIs Development Financial Institutions DGCA Director-General of Civil Aviation D G C I & S Directorate General of Commercial

Intelligence and Statistics DGET Directorate General of Employment

and Training D G S D Director-General of Supplies and

Disposals DIC District Industries Centre DICGC Deposit Insurance and Credit Guarantee

Corporation DIR Defence of India Rules DIR Differential Interest Rate D O T Department of Electronics DRAP Drought Prone Area Programme DRDAs District Rural Development Agencies DRI Differential Rate of Interest DTEC Direct Taxes Enquiry Committee DTL Demand and Time Liabilities EAS Employment Assurance Scheme ECB External Commercial Borrowing

ECM European Common Market EDP Ent repreneursh ip Deve lopment

Programme EEC European Economic Community EFC Eleventh Finance Commission EFTA European Free Trade Area EGS Employment Guarantee Scheme EOUs Export Oriented Units EPCG Export Promotion, Capital Goods EPF Employees Provident Fund EPZs Export Process ing Zones /Expor t

Promotion Zone ERC Expenditure Reforms Commission ESAF Enhanced Structural Adjustment

Facility ESCAP Economic and Social Commission for

Asia and the Pacific EWS Economically Weaker Sections EXIM Bank Export and Import Bank EXIM Policy Export Import Policy FAO Food and Agriculture Organisation FATF Financial Action Task Force F C C B s Foreign Currency Convertible Bonds FCDs Fully Convertible Debentures FCI Food Corporation of India FCNR(B) Foreign Currency Non-res idents

Accounts (Banks) FCRCs Foreign Controlled Rupee Companies FDI Foreign Direct Investment FECs Foreign Exchange Certificates FEMA Foreign Exchange Management Act FER Foreign Exchange Reserves FERA Foreign Exchange Regulation Act FFDAs Fish Farmers Development Agencies FFW Food for Work FIB Foreign Investment Promotion Board FICCI Federation of Indian Chamber of

Commerce and Industry FDA Foreign Investment Implementation

Authority FIIs Foreign Institutional Investors FIPB Foreign Investment Promotion Board FIPC Foreign Investment Promotion Council F O G S Functioning of the GATT Systems FRBM Fiscal Responsibility and Budget

Management FTZ Free Trade Zones FWP Food for Work Programme GATT General Agreement on Tariff and Trade GCA General Currency Area

1030 A B B R E V I A T I O N S

GCF Gross Capital Formation G D C F Gross Domestic Capital Formation GDI Gender related Development Index G D P Gross Domestic Product GDRs Global Depository Receipts G D S Gross Domestic Saving GEF Global Environment Fund G F C F Gross Fixed Capital Formation GFD Gross Fiscal Deficit GFR General Fertility Rate GNI Gross National Income GPF Gandhi Peace Foundation GRT Gross Registered Tonnage G S F C Gujarat State Fertilizer Corporation G S T P Global System of Trade Preference GTR Gross Tax Revenue HDFC Housing Development Finance

Corporation HDI Human Development Index H M K P Hind Mazdoor Kisan Panchayat H M S Hind Mazdoor Sabha HPAEs High Performing Asian Economies HPC High Power Committee HPI Human Poverty Index H U D C O Housing and Urban Development

Corporation of India Ltd. HYVP High Yielding Varieties Programme IAAI International Airports Authority of

India IADP Intens ive Agr icul tura l Distr ict

Programme IATP Income Adjusted Total Population IAY Indira Awaas Yojna IBA Indian Bankers Association IBM International Business Machines IBPs Inter-Bank Participations IBRD International Bank for Reconstruction

and Development (World Bank) ICAR Indian Council of Agricultural Research IC DS Integrated Child Development Services

Scheme ICICI Industrial Credit and Investment

Corporation of India ICL Indian Confederation of Labour ICOR Incremental Capital Output Ratio ICP International Comparison Programme ICRA Investment Information and Credit

Rating Agancy of India Ltd. ICRR Incremental Cash Reserve Ratio

ICRR Indepent Cash Reserve Ratio IDA International Development Association IDBI Industrial Development Bank of India IDRA Industrial (Development & Regulation)

Act IEBR Internal and Extra B udgetary Resources IEBR Internat ional Extra Budgetary

Resources IFC Indian Fiscal Commission IFCI Industrial Finance Corporation of India I F F C O Indian Farmers Fertilizers Cooperative

Ltd. RBI Industrial Investment Bank of India IIDC Integrated Infrastructure Development

Centres IIDCs Integrated Infrastructure Development

Centers DF Institute of International Finance DP Index of Industrial Production I I S C O Indian Iron and Steel Company IL&FS Infrastructure Leasing and Financial

Services Ltd. ILO International Labour Organisation IMF ( International Monetary Fund INTUC Indian National Trade Union Congress D*CL Indian Petrochemicals Corporation Ltd. ffPs Independent Power Producers IPPs Independent Power Producers n*BI Industrial Reconstruction Bank of India IRCI Industrial Reconstruction Corporation

of India IRDP Integrated Rural Deve lopment

Programme IREDA Indian Renewable Energy

Development Agency 1SID Institute for Studies in Industrial

Development ISID Insti tute for Study of Industr ial

Development ISM Indian System of Medicine ISRO Indian Space Research Organisation IT Information Technology ITI Industrial Training Institute IUCN Internat ional Union for the

Conservation of Nature and Natural Resources

IWT Inland Water Transport J M F Jute Modernisation Fund JNURM Jawaharlal Nehru Urban Renewal

Mission

A B B R E V I A T I O N S 1031

J P C Joint Plant Commi t tee / Jo in t Parliamentary Committee

JRY Jawahar Rozgar Yojna K C C Kisan Credit Card KV1C Khadi and Vi l lage Indust r ies

Commission LBS Lead Bank Scheme LCC Low Cost Carrier LDBs Land Development Banks LDCs Least Developed Countries I.ERM Liberalised Exchange Rate Mechanism LFPR Labour force Participation Races LIBOR London Inter-bank Borrowing Rate LTFP Long Term Fiscal Policy MAI Multilateral Agreement on Investment MAT Minimum Alternate Tax M C H Maternity and Child Health MCR Miscellaneous Capital Receipts MDG Millennium Development Goals M D M S Mid-day Meal Scheme MEP Macro-economic Programme MFA Multi-Fibre Agreement MFAL Marginal Farmers and Agricultural

Labourers MIC Monopolies Inquiry Commission MIC Monopolies Inquiry Commission MIGA Multilateral Investment Guarantee

Agency MIS Management Information System MISA Maintenance of Internal Security Act MMMFs Money Market Mutual Funds M M T C Minera ls and Meta l s Trading

Corporation M N C s Multi-national Corporations MNP Minimum Needs Programme MODVAT Modified Value Added Tax MOU Memorandum of Understanding MPCE Monthly Per Capita Expenditure MRTP Monopolies and Restrictive Trade

Practices M S P Minimum Support Price MTN Multilateral Trade Negotiations MTNL Mahanagar Telephone Nigam Ltd. M T O Multilateral Trade Organisation M W S Million Wells Scheme NABARD National Bank for Agriculture and Rural

Development NAKED National Agricultural Cooperative

Marketing Federation

NAS National Accounts Statistics N A S S C O M National Association of Software and

Services Companies NAV Net Asset Value NBFC National Banking Finance Companies NBFCs Non-banking Finance Companies N B O National Building Organization NCA National Commissionon on Agriculture NCAER National Council of Applied Economic

Research N C C F National Consumers Cooperat ive

Federation NCDBA Nat ional Commi t t ee for the

Development of Backward Areas N C D C National Cooperative Development

Corporation NCDWB National Cooperative Development

and Warehousing Board NCEUS National Commission on Enterprises

in the Unorganised Sector N C F National Commission on Farmers NCL National Commission on Labour NCRL National Commission on Rural Labour N D C National Development Council N D C F Net Domestic Capital Formation NDDB National Dairy Development Board NDP Net Domestic Product NEEP National Energy Efficiency Programme NEF National Equity Fund NELP New Exploration Licensing Policy NEP New Economic Policy NFC Ninth Finance Commission NFE Net Foreign Exchange Earnings NFITU National Federation of Independent

Trade Unions N G O s Non-Government Organisations NHAI National Highways Authority of India

Ltd. NHB National Housing Bank NHPC National Hydel Power Corporation NIDC National Industrial Development

Corporation NIEs Newly Industrialised Economies N1PFP National Institute of Public Finance

and Policy NIRD Nat ional Inst i tute of Rural

Development N1J National Labour Institute NLM National Literacy Mission

1032

NLO National Labour Organisation NNMB National Nutrition Monitoring Bureau NNP Net National Product NOCIL National Organic Chemical Industries

Ltd. N O D P Nat ional Oi lseed Deve lopment

Programme NPAs Non-performing Assets NPC National Planning Commission NPMN National Programme for Minimum

Needs NPRI Nat ional P rog ramme of Rural

Industrialisation NREGA National Rural Employment Guarantee

Act NREGP National Rural Employment Guarantee

Programme NREP Nat ional Rural Employmen t

Programme NRF National Renewal Fund NRHM National Rural Health Mission NRIs Non-Resident Indians NRNR Non-Resident Non-repatriable Rupee

Account NRR Net Reproduction Rate NRSA National Remote Sensing Agency N S C National Seeds Corporation N S D P Net State Domestic Product NSIC Nat ional Smal l - sca le Indust r ies

Corporation N S S National Sample Survey N T C Nationa Textile Corporation NWDB National Wastelands Development

Board OAEs On Account Enterprises O C B s Overseas Corporate Bodies O E C D Organisa t ion for Economic

Cooperation and Development OGL Open General Licence O N G C Oil and Natural Gas Commission O P E C Organisation of Petroleium Exporting

Countries O P T P Oilseeds Production Thrust Project OTCEI Over the Counter Exchange of India PAC Public Accounts Committee PACER Programme for Accelera t ion of

Commercial Energy Research PACS Primary Agricultural Credit Societies PACT Programme for the Advancement of

Commercial Technology PBIT Profit Before Interest and Tax PBR Plant Breeder Right

A B B R E V I A T I O N S

PBT Profit Before Tax PCDs Partially Convertible Debentures P D S Public Distribution System PECV Profit-Earning Capacity Value PEO Programme Evaluation Organisation

Persons of Indian Origin PFC Power Finance .Corporation PHDCCI Punjab, Haryanaand Delhi Chamber of

Commerce and Industry PIM Participatory Irrigation Management PLF Plant Load Factor PMRY Prime Minister's Rozgar Yojana P M S Portfolio Management Scheme PNs Participatory Notes POL Petroleium Oil and Lubricants P P D S Process-cum-Product Development

Centres PPDs Process-cum-Product Development

Centres PPP Public - Private Partnership PPPs Purchasing Power Parities PSBR Public Sector Borrowing Requirement PSE Public Sector Enterprises PSIF Public Sector Infrastructural Facility PSU Public Sector Undertakings PURA Providing Urban Facilities in Rural

Areas RBI Reserve Bank of India RCF Risk Capital Foundation RCH Reproductive and Child Health Care R C T C Risk Capi ta l and Techno logy

Corporation Ltd. RDA Recommended Daily allowance RDD Research Design and Development REC Rural Electrification Corporation RUJ Resurgent India Bonds RIDF Rural Infrastructure Development Fund RLEGP Rural Landless Employment Guarantee ROI Return on Investment RPA Rupee Payments Area RRBs Regional Rural Banks RSVC Rashtriya Sam Vikas Yojana (National

Equal Development Plan) RTCs Road Transport Corporations S & T Science & Technology SAA Service Area Approach SAARC South Asian Association for Regiinal

Cooperation SAIL Steel Authority of India Ltd. SCARDB State Cooperative Agricultural Rural

Development Bank

A B B R E V I A T I O N S 1033

S C B s State Cooperative Banks T C O s Technical Consultancy Organisations SCI Shipping Corporation of India T D C Technology Development Cell SCICI Shipping Credi t and Inves tment TDICI Technology Deve lopment and

Corporation of India Infomation Company of India Ltd. S C O P E Standing Conference of Publ ic T E S T Trade in Environmental Science and

Enterprises Technologies Programme SDK Steel Development Fund T F C Tenth Finance Commission S D P State Domestic Product TFCI Tourism Finance Corporation of India SEBI Securities and Exchange Board of India TFR Total Fertility Rate SEBs State Electricity Boards T I S C O Tate Iron and Steel Co. SEZs Special Economic Zones TLM Total Literacy Mission S F C s State Financial Corporations T N C s Transnational Corporations SFDAs Small Farmers Development Agencies T P D S Targeted Public Distribution System SFPP Special Foodgra ins Product ion T P S Technology Policy Statement

Programme TRAI Telecom Regulatory Authority of India SGL Subsidiary General Ledger TRIFED Tribal Coopera t ive Marke t ing SHCIL Stock Holding Corporation of India Development Federation of India Ltd.

Ltd. T R I M S Trade Related Investment Measures SHG Self help Group TRIPs Trade Related Aspects of Intellectual SIA Secretariat of Industrial Approvals Property Rights SICA Sick Industrial Companies Act TRYSEM Training Scheme for Rural Youth for SIDBI Small Industires Development Bank of Self-Employment

India T U C C Trade Union Coordination Committee S I D C s State Industr ial Deve lopment UNDP United Nat ions Deve lopment

Corporations Programme SIDF Small Industries Development Fund U N E S C O United Nations Educational, Scientific S I D O Small-scale Industries Development and Cultural Organisaion

Organisation UNRID United Nations Research Institute for SIL Special Import Licence Development SLPEs State Level Public Enterprises UPOV International Union for the Protection SLR Statutory Liquidity Requirements of New Varieties of Plants SLUB State Land Use Board UPS Usual Principal Status SME Small and Medium Enterprises UR Uruguay Round S M P Statutory Minimum Price URP Uniform Recall Period SNA System of National Accounts u n Unit Trust of India S N P Special Nutrition Programme UTUC-LS United Trade Union Congress - Lenin SPG Squared Poverty Gap Sarani SPY Standard Person Year VABAL Value Based Advance Licence S R S Sample Registration System VAM Value Added by Manufacture S R T C s State Road Transport Corporations VAT Value Added Tax SRTUs State Road Transport Undertakings VCF Venture Capital Funds SSA Sarve Shiksha Abhiyan (Education for VDIS Voluntary Disclosure Income Scheme

all) VDS Voluntary Disclosure Scheme SSEs Small Scale Enterprises VECC Voluntary Executive Crops Cell S S I D C State Small Industries Development VRS Voluntary Retirement Scheme

Corporation W C S D C World Commission on the Social S S I S Small Scale Industrial Sector Dimensions of Globalisation SSIs Small Scale Industries WDR World Development Report S T C State Trading Corporation W H O World Health Organisation STCI Securities Trading Corporation of India WLL Wireless in Local Loop

Ltd. WPI Wholesale Price Index SUME Scheme for Urban Micro Enterprises WPR Work Participation Rate S W C s State Warehousing Corporations W T O World Trade Organisation s w s Single Window Scheme WUAs Water Users Associations T A F C O Tannery and Footwear Corporation XGS Exports of Goods and Services