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Jagadeesh Sivadasan, University of Michigan, Ross School of Business
In this appendix, we briefly describe the important stages in the evolution of policy in four areas: (i) Industrial policy, (ii) Foreign Direct Investment policy, (iii) Trade Policy, and (iii) Public Sector policy. Note that we do not discuss here the evolution of regulations and the reforms initiated in other important areas such as financial sector (including insurance and banking) policies, capital market (including foreign portfolio investment) policies, policies in various infrastructure sectors including, power, telecom, ports, roads, civil aviation, oil exploration, etc. Also there are detailed policies governing certain industries such as drugs, fertilizers, sugar, hotels and tourism, electronics and computers etc, which are not covered here.
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本附件包括：- Note on Regulatory regime in India.pdf
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