List of Abbreviations

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Published on April 29, 2022

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List of Abbreviations

A&A	Agriculture and Allied Activities
ACS	Average Cost of Supply
AI	Artificial Intelligence
API	Active Pharmaceutical Ingredient
ARCs	Asset Reconstruction Companies
ARR	Average Revenue Realised
ASEAN	Association of Southeast Asian Nations
ASER	Annual Status of Education Report
ASI	Annual Survey of Industries
ASTI	Advanced Science and Technology Institute
AT&C	Aggregate Technical and Commercial
BAI	Business Assessment Index
BEI	Business Expectations Index
BIS	Bank for International Settlements
BLS	Bureau of Labour Statistics
BoP	Balance of Payments
BPS	Basis Points
BSR	Basic Statistical Returns
BTP	Bio-Technology Park
CAD	Current Account Deficit
CCS	Consumer Confidence Survey
CDS	Credit Default Swap
CEPA	Comprehensive Economic Partnership Agreement
CET-I	Common Equity Tier-I
CII	Confederation of Indian Industry
CIS	Change in Stock
CMIE	Centre for Monitoring Indian Economy
CPI	Consumer Price Index
CRAR	Capital to Risk-weighted Assets Ratio
CSI	Current Situation Index
DFIs	Development Financial Institutions
DFIS	Duty-Free Imports for Exporters Scheme
DFM	Dynamic Factor Model
DISCOM	Distribution Company
DPIIT	Department for Promotion of Industry and Internal Trade
DSGE	Dynamic Stochastic General Equilibrium
D-SIBs	Domestic Systemically Important Banks
ECB	External Commercial Borrowing
EDB	Ease of Doing Business
EHTP	Electronics Hardware Technology Park
EMEs	Emerging Market Economies
EOU	Export Oriented Units
EPCG	Export Promotion Capital Goods
ESG	Environmental, Social and Governance
EV	Electric Vehicle
FCI	Financial Conditions Index
FDI	Foreign Direct Investment
FEI	Future Expectation Index
FIs	Financial Institutions
FMOLS	Fully Modified Ordinary Least Squares
FPOs	Follow on Public Offers
FRBM	Fiscal Responsibility and Budget Management
FTA	Free Trade Agreement
GCF	Gross Capital Formation
GCI	Global Competitiveness Index
GDP	Gross Domestic Product
GFC	Global Financial Crisis
GFCE	Government Final Consumption Expenditure
GFCF	Gross Fixed Capital Formation
GFD	Global Financial Data
GOI	Government of India
GPS	Global Positioning System
GSA	Gross Sown Area
G-SAP	Government Securities Acquisition Programme
G-sec	Government Securities
GST	Goods and Services Tax
GVA	Gross Value Added
GVC	Global Value Chain
GW	Gigawatt
HTM	Held to Maturity
HYV	High Yielding Variety
IBC	Insolvency and Bankruptcy Code
ILO	International Labour Organisation
IMF	International Monetary Fund
INR	Indian Rupee
IOS	Industrial Outlook Survey
IPOs	Initial Public Offerings
IRF	Interest Rate Futures
IRGD	Interest Rate Growth Differential
ISIN	International Securities Identification Number
IT	Information Technology
ITeS	Information Technology Enabled Services
KBC	Knowledge Based Capital
KLEMS	K-capital, L-labour, E-energy, M-materials, and S-purchased services
LAA	Land Acquisition Act
LAF	Liquidity Adjustment Facility
LCR	Liquidity Coverage Ratio
LFPR	Labour Force Participation Rate
LPA	Long Period Average
LSE	London Stock Exchange
LTROs	Long-Term Repo Operations
MEIS	Merchandise Exports from India Scheme
MGNREGS	Mahatma Gandhi National Rural Employment Guarantee Scheme
MNRE	Ministry of New and Renewable Energy
MoSPI	Ministry of Statistics and Programme Implementation
MSME	Micro, Small and Medium Enterprise
MSP	Minimum Support Price
NaBFID	National Bank for Financing Infrastructure and Development
NARCL	National Asset Reconstruction Company Ltd.
NAS	National Account Statement
NBFC	Non-Banking Financial Company
NDA	Net Domestic Assets
NDC	Nationally Determined Contribution
NDTL	Net Demand and Time Liabilities
NFA	Net Foreign Assets
NGFS	Network for Greening the Financial System
NIP	National Infrastructure Pipeline
NKPC	New Keynesian Phillips Curve
NMP	National Monetisation Pipeline
NRA-CU	Net Response of Assessment on Capital Utilisation
NRE-CU	Net Response of Expectation on Capital Utilisation
NSA	Net Sown Area
NSO	National Statistical Office
NSWS	National Single Window System
OBICUS	Order Books, Inventories and Capacity Utilisation Survey
OECD	Organisation for Economic Co-operation and Development
OMOs	Open Market Operations
ONGC	Oil and Natural Gas Corporation
OOPE	Out Of Pocket Expenditure
OSMOS	Off-Site Surveillance and Monitoring System
OT	Operation Twist
P2P	Peer-to-Peer
PCA	Principal Component Analysis
PCRs	Provision Coverage Ratios
PFCE	Private Final Consumption Expenditure
PLFS	Periodic Labour Force Survey
PLI	Production Linked Incentive
PMFBY	Prime Minister Fasal Bima Yojna
PMGSY	Pradhan Mantri Gram Sadak Yojna
PMJDY	Pradhan Mantri Jan-Dhan Yojana
PP	Percentage Point
PPPs	Public Private Partnerships
PSB	Public Sector Bank
PSL	Priority Sector Lending
PSUs	Public Sector Undertakings
PVBs	Private Sector Banks
QPM	Quarterly Projection Model
R&D	Research and Development
RBI	Reserve Bank of India
RCA	Revealed Comparative Advantage
RHS	Right Hand Scale
RoA	Return on Assets
RoDTEP	Remission of Duties and Taxes on Exported Products
RoE	Return on Equity
SARFAESI	Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest
SDLs	State Development Loans
SEZ	Special Economic Zone
SIA	Social Impact Assessment
SLR	Statutory Liquidity Ratio
SMEs	Small and Medium Enterprises
SRs	Security Receipts
STP	Software Technology Park
STRI	Services Trade Restrictiveness Index
STVAR	Smooth Transition Vector Autoregression
SVAR	Structural Vector Autoregression
SWS	State Single Window System
TCI	Trade Complementarity Index
TFP	Total Factor Productivity
TOT	Terms of Trade
TVAR	Threshold Vector Autoregression
TVP	Time-varying Parameter
TVP-SV	Time-varying Parameter Stochastic Volatility
UAS	Unmanned Aircraft System
UAV	Unmanned Aerial Vehicle
UNIDO	United Nations Industrial Development Organisation
VAR	Vector Autoregression
WACR	Weighted Average Call Money Rate
WAP	Working Age Population
WDI	World Development Indicators
WEO	World Economic Outlook
WHO	World Health Organisation
WITS	World Integrated Trade Solutions
WMA	Ways and Means Advance
WTO	World Trade Organisation