The research volume has been published under project, “India Competition and Regulation Report – ICRR project”. The report takes stock of the progress on the competition scenario in India and offers an insight on where we are and where we need to go. As part of the report, detailed sectoral studies of telecommunications, electricity and two social sectors, such as education and health, helps to illustrate the need for flexibility not just in analysis and also in implementation. One of the unique features of the report is an assessment of perception in the country though an competition perception index. The basic aim of the report is to encourage debate and dialogue on the economics of competition and regulation policy in India.