LIST OF ABBREVIATIONS......

• ASSOCHAM : The Associated Chambers of Commerce and Industry of India
• ASTO : Association of Sea Training Organizations
• DAP :  Diammonium Phosphate (Urea)
• CENVAT : Central Value Added Tax
• GDR : Global Depositary Receipt
• MRPL : Mangalore Refineries & Petrochemicals Limited
• APM : Administered Price Mechanism
• AICPI(IW) : All India Consumer Price Index (Industrial Workers)
• ACR : Annual Confidential Report
• BEL : Bharat Electronics Limited
• BHEL : Bharat Heavy Electricals Limited
• BSNL : Bharat Sanchar Nigam Limited
• BIFR : Board for Industrial and Financial Restructuring
• BRPSE : Board for Reconstruction of Public Sector Enterprises
• BPE : Bureau of Public Enterprises
• BPO : Business Process Outsourcing
• CPS : Cash Based Profit Sharing
• CBDT : Central Board for Direct Taxes
• CDA : Central Dearness Allowance
• CPC : Central Pay Commission
• CPSE : Central Public Sector Enterprises
• CMD : Chairman-cum-Managing Director
• CEO : Chief Executive Officer
• CFO : Chief Finance Officer
• COO : Chief Operating Officer
• CCA : City Compensatory Allowance
• CAG : Comptroller & Auditor General of India
• CRS : Compulsory Retirement Scheme
• CII : Confederation of Indian Industries
• CTC : Cost to the Company
• DA : Dearness Allowance
• DPS : Deferred Profit Sharing
• DPE : Department of Public Enterprises
• ESPP : Employee Stock Purchase Plan
• EPS : Employees Pension Scheme
• ESOP : Employees Stock Option Plan
• ERP : Enterprises Resource Planning
• FMCG : Fast Moving Consumer Goods
• FICCI : Federation of Indian Chamber of Commerce and Industry
• FRBM : Fiscal Responsibility and Budget Management
• FDI : Foreign Direct Investment
• FEMA : Foreign Exchange Management Act
• FERA : Foreign Exchange Regulation Act
• GAIL : Gas Authority of India Ltd
• GDP : Gross Domestic Product
• HoD : Head of Department
• HPPC : High Power Pay Committee
• HAL : Hindustan Aeronautics Limited
• HMT : Hindustan Machine Tools
• HRA : House Rent Allowance
• HRD : Human Resource Development
• IIM : Indian Institute of Management
• IIT : Indian Institute of Technology
• IOC : Indian Oil Corporation
• ISM : Indian School of Mines
• ITI : Indian Telephones Industries
• IDA : Industrial Dearness Allowance
• IT : Information Technology
• ITES : Information Technology Enabled Services
• IPE : Institute of Public Enterprises
• IS : Industry Segment
• ISO : International Standards Organization
• LTC : Leave Travel Concession
• LIC : Life Insurance Corporation of India
• LPG : Liquefied Petroleum Gas
• MTNL : Mahanagar Telephone Nigam Ltd
• MOU : Memorandum of Understanding
• M&A : Mergers & Acquisitions
• MSTC : Metals & Scrap Trading Corporation
• MMTC : Minerals & Metal Trading Corporation
• MRTP : Monopolies & Restrictive Trade Practices
• MNC : Multi National Company
• NALCO : National Aluminium Company
• NCMP : National Common Minimum Programme
• NFC : National Fire College
• NIETE : National Institute of Industrial Engineering.
• NLC : National Labour Commission
• NRF : National Renewal Fund
• NSS : National Sample Survey
• NTPC : National Thermal Power Corporation
• NEP : New Economic Policy
• NPA : Non Practicing Allowance
• NRI : Non Resident Indians
• NUS : Non Unionised Supervisors
• OM : Office Memorandum
• ONGC : Oil & Natural Gas Corporation
• PRC : Pay Revision Committee
• PMS : Performance Management System
• PRP : Performance Related Payment
• PF : Provident Fund
• PDS : Public Distribution System
• PESB :  Public Enterprises Selection Board
• PSE : Public Sector Enterprise
• PSU : Public Sector Undertaking
• REC : (NIT) Regional Engineering College
• R&D : Research and Development
• SEBI : Securities Exchange Board of India
• SS : Service Sector
• SICA : Sick Industrial Companies Act
• SEZ : Special Economic Zone
• SCOPE : Standing Conference of Public Enterprises
• SAIL : Steel Authority of India Ltd
• SAR : Stock Appreciation Right
• VAT : Value Added Tax
• VP : Variable Pay
• VER : Very Early Retirement
• VSNL : Videsh Sanchar Nigam Ltd
• VRS : Voluntary Retirement Scheme
• WTO : World Trade Organisation