Arjun Appadurai, Samuel N. Harper Professor, The University of Chicago, Departments of Anthropology, and South Asian Languages and Civilizations and Director of the Globalization Project.

Arjun Appadurai, Samuel N. Harper Professor, The University of Chicago, Departments of Anthropology, and South Asian Languages and Civilizations and Director of the Globalization Project.

Telecom reform in India has been variably paced, with false starts and imperfectly empowered regulators. The government recently changed its strategy from generating high upfront fees to revenue-sharing. The latest move in January 2000 of bifurcating the Telecom Regulatory Authority of India into separate judicial and recommendatory bodies will be analyzed by the speaker in the context of broad trends towards reform. T.H Chowdary is the Information Technology Advisor to the Government of Andhra Pradesh, in the rank of a Minister for State. He has held executive and managerial positions in Indian Government's departments of Information and Broadcasting and Telecommunications. He was Deputy Director-General in the Department of Telecommunication and the first Chairman and Managing Director of VSNL, India's Overseas Telecom Corporation. He was President of the Institution of Electronics and Telecommunications Engineers (INDIA) and UNO/ITUs Senior Expert in Guyana (1985) and Team Leader in Yemen (1990-1991). He has worked extensively for the de-monopolization and liberalization of Indian telecommunication sector. He heads the Center for Telecommunication Management and Studies (CTMS) in Hyderabad, India and is consultant to several national and international electronics and telecom companies and financial Institutions and is on the Board of Directors of a number of corporations.

The history of Indian power sector is abound with myths like those that envisioned the big projects as "temples of modern India" some fifty years ago, to the recent characterization of the sector as a "millstone" hindering economic development. The dynamics of the sector provides a classic case of the debate on the role of state versus that of the market in developing economies. Lately, economic realism has led to reforms for developing competitive electricity market. Under the changing dynamics, long-term policy needs to be based on some robust insights. In this talk, the speaker will present an analysis of Indian power sector under different scenarios that take into account the "success" of reforms, technology transfer regimes and local and global environmental concerns. Some insights will be offered vis-?-vis the well known debates on fossil energy options (coal versus gas), decentralization versus centralization, renewable and nuclear technologies, and the extent of linkage between local and global environmental policies. Discussion will also address the status of reforms and trends. P.R. Shukla is a Professor with the Public Systems Group at the Indian Institute of Management, Ahmedabad. He obtained Ph.D. from Stanford University in 1979. He has been a consultant to the Government of India and several national and international organizations. He is a leading expert on developing country policy, especially in the areas of energy, environment and technology. He is a lead author of several international reports of Intergovernmental Panel on Climate Change (IPCC) and United Nations Environment Program (UNEP). He is a co-author of eight books and numerous publications in reputed international journals and invited articles in books and proceedings.

The Securities and Exchange Board of India (SEBI) which is the country's market regulator has recently released its draft rules on corporate governance. Mr. L.K. Singhvi will discuss the SEBI draft. The Securities and Exchange Board of India is India's primary regulator of financial markets. A member of the Indian Civil Service, Mr. Singhvi heads SEBI's Investigation, Enforcement and Surveillance Departments and its Derivative and Venture Capital Fund Departments. Prior to joining SEBI, he held positions in the Indian Revenue Service and the Income Tax Department. When India began reform in 1991, Mr.Singhvi undertook the important assignment of the Director of Enforcement of Foreign Exchange Regulations and was also a member of the committee for dilution of Foreign Exchange Regulations. Mr. Singhvi has participated both in national and international conferences especially in the area of capital market and is also an active member of the Asia Pacific Regional Committee on Enforcement.