About the Author
S.L. Rao has worked in multinational companies, was President, All India Management Association (1985), Executive Chairman, National Management Programme (1986-1988), Director-General, National Council of Applied Economic Research (1990-1996) and first Chairman of the Central Electricity Regulatory Commission (1998-2001). He is presently a columnist in the Telegraph and Deccan Herald. He has 15 books to his name, on the economy, markets, energy, management, management education and governance, and innumerable articles. He is on many Boards of corporate, research, cultural and development organisations.