A well recognized authority on technology development-business management, Dr. Y.S.Rajan had envisaged Technology Vision 2020 for India. In view of multiple responsibilities he held, he was member of several innumerable apex scientific,management boards / committees / councils.

• Awarded ‘Punjab Ratan-2003’ by All India Conference of Intellectuals.
  
  
• Fellow, Indian National Academy of Engineers (INAE) - (1998 - Lifetime)
  
  
• Honorary Distinguished Fellow of the Center for International Trade and Security, The University of Georgia.
  
  
• Honorary Distinguished Fellow of Manipal University of Higher Education.
  
  
• Elected member, International Astronautic al Academy, Paris (1986 - Lifetime).
  
  
• Currently Member of Space Law Committee of International Law Association.
  
  
• Member of General Assembly of the Indian Council for Cultural Relations.
  
  
• Was and is Member in many other prestigious bodies, Councils of Institutions.