Towards a Functional Competition Policy for India comes at a time when the country is poised to implement a new Competition Law, whilst there is a lack of understanding of the nature, and extent of prevalence, of different types of anti-competitive practices. The study helps in getting a better understanding of the competition and economic regulation scenario in India. The study tracks the evolution of Competition Policy and Law in India; discusses the interface of Competition Policy with Government Policies (at the Federal as well as State level), and Consumer Welfare; and identifies competition and economic regulation issues in agriculture, manufacturing, and services. The report itself is being published as two separate volumes. This one is an Overview, which carries all papers in a precis form, so that a busy reader can go through them easily and get a flavour of what the issues are. The second is a more detailed report, carrying all chapters in greater depth, and is meant for the policy community, particularly those involved in research. Both the report will serve as curtain raiser and as a road map for future, more in-depth work.