ABSTRACT

In order to understand the present role of industry in India's climate debate, it is necessary to understand the changing relationship between business and government in India in the recent past. In general terms, 1947–1991 was a period of micromanagement of the economy and industry by the government. Production, manufacturing, export, import, prices, and distribution were controlled for many products. Essentially, it was a period of mistrust by government of industry; government held the view that industry had to be regulated and controlled.