Acronyms of Economics



AAY-Antyodaya Anna Yojana.

ADB-Asian Development Bank.

AE-Advance Estimates.

AGMARK-Agricultural Marketing.

APC-Agricultural Price Commission.

APL-Above Poverty Line.

APMC-Agricultural Produce Market Committee.

ASHA-Accredited Social Health Activists.

AYUSH-Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy.

ASSOCHEM-Associated Chamber of Commerce and Industry.


BCR-Balance from Current Revenues.

BIFR-Board for Industrial and Financial Reconstruction.

BOP-Balance of Payment.

BOT-Baclance of Trade.

BPL-Below Poverty Line.

BPLR-Base Prime Lending Rate.

BPO-Business Process Outsourcing.

BSE-Bombay Stock Exchange.

BRPSE-Burean for Reconstruction of Public Sector Enterprises.


CABE-Central Advisory Board of Education.

CAC-Current Account Convertibility/Capital Account Covertibility.

CEA-Central Electricity Authority.

CENVAT-Central Value Added Tax.

CIS-Commonwealth of Independent States

CPI-Consumer Price Index.

CRR-Cash Reserve Ratio.

CSO-Central Statistical Organisation.

CST-Central Sales Tax.

CWC-Central Water Commission.

CACP Commission for agricultural Costs and Prices.

CAD-Command Area Development.
CPI-Al-Consumer Price Index-Agricultural Laboure
CPI-IW-Consumer Price Index (Industrial Workers)
CPI-RL-Consumer Price Index (Rural Labours)

CDS-Current Daily Status basis.

CRAR-Capital to Risk-Weighted Assets Ratio.

CWS-Current Weekly Status basis.


DT-Direct Taxes,

DeRF-Debt Consolidation and Relief Facility

DGCI & S-Directorate General of Commercial Intelligence &

DPAP-Drought Prone Area Programme.


ECGC-Export Credit and Guarantee Corporation.

EGOM-Empowered Group of Ministries.

EPIP-Export Promotion Industrial Park.

EU-European Union.

EAS-Employment Assurance Scheme.

EPZ-Export Processing Zones.

EPC-Export Promotion Council.

EXIM BANK-Export Import Bank.


FAO-Food and Agriculture Organisation.

FCDS-Fully Convertable Debentures.

FCI-Food Corporation of India.

FCNRA(B)-Foreign Currency Non-Resident (Banks) Account.

FDI-Foreign Direct Investment.

FII-Foreign Institutional Investment.

FERA-Foreign Exchange Regulation Act.

FEMA-Foreign Exchange Management Act.

FRBMA-Fiscal Responsibility and Budget Management Act.

FICCI-Federation of Indian Chambers of Commerce and Industry.

FWP-Food for Work Programme.

FY-Fiscal Year.

FYP-Five Year Plans.


GAIL-Gas Authority of India Limited.

GBS-Gross Budgetary Support.

GDP-Gross Domestic Products. .

GDCF-Gross Domestic Capital Formation

GDI-Gender-Related Development Index.

GDPD-Gross Domestic Products Deflator.

GHG-Green House Gases.

GII-Gender Inequality Index.

GNP-Gross National Products.

GST-Goods and Services Tax

GVA-Gross Value Added.

GATS-General Agreement on Tariff and Services.


HDI-Human Development Index.

HPCL-Hindusthan Petroleum Corporation Ltd.

HPI-Human Poverty Index.

HYVP-High Yielding Varieties Programme.


IAY-Indira Awaas Yojana.

IADP-Intensive Agricultural Development Programme.

ICDS-Integrated Child Development Services.

ICPS-Integrated Child Protection Scheme.

IFAD-International Fund for Agriculture Development.

IIFCL-Indian Infrastructure Finance Company Ltd.

IIM-Indian Institute of Management

IISER-Indian Institute of Science Education & Research.

ILO-International Labour Organization.

IMF-International Monetary Fund.

IRDP-Integrated Rural Development Programme.

ICAR-Indian Council of Agricultural Research.

ICOR-Incremental Capital Output Ratio.

IIBI-Industrial Investment Bank of India.

ICICI-Industrial Credit and Investment Corporation of India.

IRCI-Industrial Reconstruction Corportion of India.