The paper surveys the instruments that are available for innovation financing in India. It identifies three such instruments, namely research grants and loans, venture capital and tax incentives. The effectiveness of all these instruments are then examined in some general fashion, but one of the...

India has one of the fastest growing telecom services industries in the world. Teledensity in the country which was less than one telephone per 100 people in 1991, when the country unleashed a wave of market reforms, have now increased to about 66 per 100 at the end of 2010. There are, of...