Saturday, August 31, 2019
Keep It in Classrooms Essay
When it comes to the topic of discussing The Adventures of Huckleberry Finn in schools, most of us will agree that the interactions between whites and blacks in the book cause many controversies. Where the agreement usually ends, however, is on the question of whether Huckleberry Finn should be completely banned in schools. Whereas some people believe that keeping the book in school systems and developing a new curriculum solve the problem better, other people maintain that all schools must ban the book. The controversy over race, shown in Huckleberry Finn, takes place when Huck uses the ââ¬Å"n-wordâ⬠casually to talk about all blacks that he knows including Jim. The controversy over racism, also shown when the king, duke, and Huck go into a town and leave Jim and paint him blue so he looks ridiculous, may be argued because the king, duke, and Huck seem not to care about what they put Jim through. Some believe that when Jim stays at the Phelpsesââ¬â¢ plantation in a cottage with many live animals, Mark Twain uses prejudices against blacks meaning they do not have many characteristics of humans because Jim live in a cottage and he cannot think for himself because Huck thinks for him. When my class started reading Huckleberry Finn, having an introduction to the book helped while we tried to understand how Twain writes. We discussed racism in our classroom which made me learn more from the class altogether. Although I grant that reading Huckleberry Finn may cause controversy and some discomfort, I still maintain that students should carefully read Huckleberry Finn with extra discussion and introduction about Twainââ¬â¢s background, style of writing, and ideas about racism. I believe that though Twain starts out the novel with some racist comments, by the end of the novel Twain proves to the audience that he is not racist. Franek and NiiLampti disagree with me in their article ââ¬Å"Shoot the Author, Not the Readerâ⬠thinking that Twain never stops his racist comments and situations and ââ¬Å"Twainââ¬â¢s other ââ¬Ëheroââ¬â¢ â⬠¦ acts] so stupid, naive, and subservientâ⬠(21). Though this depiction of Jim may be the way that Twain characterizes Jim at the beginning of the novel, by the end of the novel the views of Jim change because he grows during the novel and Huck also grows by accepting Jim into the novel. Franek and NiiLampti believe that by having a black character described stereotypically, black students in the class will feel uncomfortable. But instead teachers should take advantage of the moment to discuss racism in the setting of the book. The turning point for Jimââ¬â¢s rowth occurs when he helps the doctor by watching Tom so that the doctor can fetch more help. The doctor realizes that ââ¬Å"he ainââ¬â¢t a bad niggerâ⬠(Twain 214). Jim, a noble friend to Tom, helps Tom and even risks his life in order to help out his friend. Huckleberry Finn studied in classrooms, the classic must be examined carefully and taken within the context before the Civil War although Twain actually wrote the book after the Civil War. The use of the ââ¬Å"n-wordâ⬠must be discussed before students start to read the novel because of course if the students see the ââ¬Å"n-wordââ¬â¢ for the first time, the written word will shock them. Huck uses the ââ¬Å"n-wordâ⬠on many situations and he does not think twice about saying the ââ¬Å"n-word. â⬠Huck explains how everyone respects Jim by saying, ââ¬Å"Niggers would come miles to hear Jimâ⬠but while Huck praises Jim, he still uses the ââ¬Å"n-wordâ⬠because back when Huckleberry Finn took place, although the ââ¬Å"n-wordâ⬠derogatorily explained blacks, the negative connotation associated with the ââ¬Å"n-wordâ⬠today had not surfaced yet, and so people uses the ââ¬Å"n-wordâ⬠more frequently (5). Teachers and school boards should not ban the book just because the use of the ââ¬Å"n-word,â⬠and Paula Leider agrees with me in her article ââ¬Å"Does Huck Finn Belong in My Classroom? â⬠by saying that ââ¬Å"when Huck Finn is taught in my classroomâ⬠¦ it must be explored with sensitivityâ⬠(50). If students start to understand the background of the book then the confusion about race will clear up; Leider explains that she likes to talk to her students about why Twain uses prejudices and what the problem is with them. Some of the same prejudices that were in place in the setting of Huckleberry Finn are still depicted today and the reasons for the prejudices stay the same. Twain has a firm attitude that depending on the situation the use of the ââ¬Å"n-wordâ⬠enhances the context and meaning. To make a more worthwhile class for students, teachers must make the students engage in conversation and provide the students with background information by starting the unit with a history introduction. Along with considering the context of the novel, teachers must note that Twain strengthens the book by adding literary value. A lot of what Twain wrote about had to do with the life that he lived and dealt with; he wants to inform the reader by telling an intriguing story. Katherine Schulten agrees while explaining that Twain uses satire to criticize prejudices from after the Civil War. Twain uses the literary tool of satire to poke fun at certain groups of people by using irony, but his irony must be obvious so that his audience understands that he is not serious. Huck and Jim talk on the raft about French people and Jim says, ââ¬Å"Is a frenchman a man?â⬠¦ Why donââ¬â¢t he talk like a manâ⬠(60). Using humor to poke fun at French people, Twain plays with French people because Twain did not like anyone foreign. In Huckleberry Finn the use of satire, a great literary tool that Twain uses, adds light fun and humor to the novel along with provoking thought. Huckleberry Finn has great literary value; the book can not be banned just because of racism. Marge Kraemer agrees in Schultenââ¬â¢s article ââ¬Å" ââ¬ËHuck Finnââ¬â¢: Born to Troubleâ⬠: ââ¬Å"Iââ¬â¢d rather change my approach to a novel than lose the right to teach itâ⬠because in her school system the teachers decided to make a curriculum that pleases both sides of the argument (59). I agree with the decision that the Cherry Hill school community made because by keeping the novel the students can still study the literary value of the book. Students should read Huckleberry Finn in schools because the book has a great literary value and teachers can use the time reading to book to discuss racism. Suggestions to teachers may include: discussion of racism in the setting of Huck Finn, racism today, and how we deal with racism. To strengthen race relations, teachers need to convey to their students that they can speak up and disagree at anytime with what is said in the book because that makes the students more active readers. Ernest Hemingway says in his book Green Hills of Africa that ââ¬Å"all modern American literature comes from one book by Mark Twain called Huckleberry Finn. â⬠I agree with his statement because the book leads all other books and if Huckleberry Finn is ban, future generations will not be able to study one of the greatest pieces of American literature.
Direct iron ore smelting process development
IntroductionThe smelting decrease ( SR ) of Fe ore is an alternate natural stuffs treating method similar to the blast furnace. It begins with solid natural stuffs such as coal and Fe ore. The concluding merchandise of this procedure is a liquid Fe based stuff known as hot metal, or hog Fe when it is solidified. This terminal merchandise is the same as that generated by blast furnaces. Typical hot metal composings are about 4-4.5 % C, .3-1.5 % Si, .25-2.2 % manganese, .03-.08 % S, and.04-.2 % phosphoric. SR is the new age alternate to pig Fe production with the capableness of uninterrupted operation. The engineerings used in this procedure are similar to those used in both modern blast furnaces and conventional non-ferrous smelting operations. As developments in blast furnaces and non-ferrous smelters were made, such as the innovation of the Cu flash smelting engineering, developments were made in SR of Fe.Smelting Reduction Chemical reactionsThe natural stuffs used in SR are: pulver ized Fe ore which consist of Fe2O3 and Fe3O4 with remainders, powdered coal, limestone ( CaCO3 ) , and dolomitic limestone ( CaMg ( CO3 ) 2 ) . The transition of Fe ore into a liquid hot metal begins with the combustion of coal into C monoxide ( CO ) and H gas ( H2 ) which are the cardinal compounds for Fe decrease, equation 1. The C monoxide and H gas produced from the burning is used to get down the decrease of Fe ore by equation 2. The chemical reaction for regenerating the CO and H2 with coal from equation 2 merchandises is given by equation 3. Full decrease of the Fe ore is so shown by equations 4 and 5. Coal + ?O2 > CO + H2 ( 1 ) 6Fe2O3 + CO +H2 > 4Fe3O4 + H2O + CO2 ( 2 ) 2C + CO2 + H2O > 3CO +H2 ( 3 ) 2 Fe3O4 + CO + H2 > 6FeO + H2O + CO2 ( 4 ) 2FeO + CO + H2 > Fe + H2O + CO2 ( 5 ) These reactions begin in the solid province ; nevertheless, as decrease series begins the reactions become liquid province. The limestone and dolomitic limestone are added as fluxes/slag agents. The adaptability of many of these procedures to utilize a assortment of coal chemical sciences without the coking measure is the most alone belongings of SR fuel over blast furnace fuel. This usage of coal alternatively of coke eliminates the demand for a coking furnace every bit good as the usage of lower class coal.Smelting Decrease FirstsArchaeological finds in Africa show a crude smelting decrease signifier dating back every bit early as 2500BC. These ancient craftsmen would cut down Fe ore utilizing coke by blowing air into a shaft furnace. Martin Wiberg of Sweden every bit good as W. and E. Engell of Denmark began look intoing the smelting decrease procedure in 1938. However, much of the impulse in smelting decrease was lost between the 1950 ââ¬Ës and 70 ââ¬Ës due to progresss in the solid province decrease procedure known as DRI ( direct reduced Fe ) and in blast furnace engineering. It is of import to observe that without the air separation engineering conceived during the Second World War SR would non be executable. By 1981 the first SR pilot works was constructed in Germany based off the COREX design construct. In 1988 the first all-out SR installation was constructed based off the same pilot works at the site of a old blast furnace.Smelting Reduction Reactor TypesThree chief SR convertor types exist: the shaft convertor procedure, a two phase chemical procedure, and the intercrossed procedure. Both the shaft convertor procedure and the two phase procedure usage chemical energy for the decrease. However, the two phase procedure differs from the shaft procedure by implementing two transition Chamberss, a solid province chamber followed by a liquid province chamber. The intercrossed procedure is the most alone because it gets energy parts from chemical rea ctions and electrical current. Of these three types merely two procedures have been put into operation in all-out installations, the COREX procedure and the HIsmelt procedure. The COREX procedure was the first all-out SR installation as antecedently mentioned. This procedure is a two phase procedure. The first phase in decrease is the solid province reaction and natural stuffs preheating subdivision. Off gas from the 2nd phase is used to cut down and preheat in the first phase. As the ore transforms into a liquid it moves to the 2nd convertor phase where the liquid province decrease is completed. The COREX procedure has three theoretical accounts, the C-1000, 2000, and 3000. Primary differences between the theoretical accounts are the production capablenesss. The C-1000 installed in 1988 has a day-to-day production capableness of 1000 dozenss of hot metal. The C-2000 will bring forth 2000 tons/day ; it presently has 4 operating workss with the first installed in S. Korea, 1995. [ 2 ] The C-3000 is the newest installation with one works located in China. The SR furnace was installed in 2007 and has a day-to-day production capableness of 4000 dozenss of hot metal [ 7 ] . Figure 2 is an image of the C-3000 works. The HIsmelt was the 2nd SR procedure to go full production. Pilot proving of this procedure began in 1982. The procedure is a uninterrupted shaft transition furnace. [ 2 ] HIsmelt implements many engineerings presently used in non-ferrous smelting like uninterrupted stuffs feed by spears into the liquefied bath and H2O cooled furnace panels. [ 5 ] The full graduated table works which was built in 2003 was a 400 million dollar undertaking between RioTinto, Nucor, Mitsubishi, and Shougang coprorations. The works is located in Western Australia. [ 9 ] This procedure can utilize the off gas for multiple applications such as fuel for electrical power coevals or preheating the provender stuff. A elaborate position of the reactor vas. Additional SR procedure which are non presently commercialized include: direct Fe ore smelting ( DIOS, two phase reactor ) , AISI ( two phase reactor ) , and IDI ( intercrossed SR ) . Although SR procedures do non implement coke furnaces the coal demands remain similar holding small consequence on environmental emanations.DecisionSR is an progressing engineering capable of continuously bring forthing hot metal similar to a blast furnace with a wider scope of coal type. This natural stuffs flexibleness is a great advantage to SR. The riddance of the coking furnace lessenings project capital ; although, it has small impact on environmental emanations. SR has many great properties which makes it a competitory option to blare furnaces.Mentions[ 1 ] LIFE. ( n.d. ) . Chinese Premier Wen Jiabao Visits Australia. Retrieved December 06, 2009, from hypertext transfer protocol: //www.life.com/image/57232194 [ 2 ] Chatterjee, A. ( 1994 ) . Beyond the Blast Furnace. Boca Raton, FL: CRC Press. [ 3 ] Miller, T. W. , Jimenez, J. , Sharan, A. , & A ; Goldstein, D. A. ( 1998 ) . Steelmaking and Refining, Oxygen Steelmaking Processes. In R. J. Fruehan, & A ; 11 ( Ed. ) , The Making, Shaping and Treating of Steel ( pp. 489-490 ) . Pittsburgh: The AISI Steel Foundation. [ 4 ] Davis, M. P. , Dry, R. J. , & A ; Schwarz, M. P. ( 2003 ) . Flow Simulation of the HISMELT Process. Third International Conferance on CFD in the Minerals and Process Industries ( pp. 305-311 ) . Melbourn, Australia: CSIRO. [ 5 ] HIsmelt. ( n.d. ) . HIsmelt- The Technology. Retrieved December 06, 2009, from hypertext transfer protocol: //www.hismelt.com/EN/HT_PageView.aspx? pageID=8 # [ 6 ] Shalimov, A. G. ( 200 ) . The COREX Process for Making High-Quality Steels at Mini-Mills. Metallurgist, 44, 35-39. [ 7 ] Environment Engineering Solution. ( n.d. ) . Environment-friendly Corex procedure of Fe and steel devising. Retrieved December 06, 2009, from hypertext transfer protocol: //environmentengineering.blogspot.com /2008/02/environment-friendly-corex-process-of.html [ 8 ] Siemens. ( n.d. ) . Siemens AG ââ¬â Pictures. Retrieved December 06, 2009, from hypertext transfer protocol: //w1.siemens.com/press/en/presspicture/ ? press=/en/presspicture/2008/corporate_communication/media_summit_2008/soaxx200803-08.htm [ 9 ] Outotec. ( n.d. ) . HIsmelt undertaking in Western Australia. Retrieved December 06, 2009, from hypertext transfer protocol: //www.outotec.com/pages/Page____7775.aspx? epslanguage=EN [ 10 ] Changqing, H. , Xiaowei, H. , Zhihong, L. , & A ; Chunxia, Z. ( 2009 ) . Comparison of CO2 Emission Between COREX and Blast Furnace Iron-Making System. Journal of Environmental Sciences, Supplement, 116-120.
Friday, August 30, 2019
Advantages and Disadvantages of Fdi in India Essay
1 Dr S Narayan is Head of Research and Visiting Senior Research Fellow at the Institute of South Asian Studies (ISAS), an autonomous research institute at the National University of Singapore. He was formerly Economic Adviser to the Prime Minister of India. Dr Narayan can be contacted at snarayan43@gmail.com. The views expressed in this paper are those of the author and do not necessarily reflect those of ISAS. In September 2012, the Government of India announced several economic policy reform measures that included a move to allow 51 per cent foreign direct investment (FDI) in multi-brand retail. In the same announcement, it relaxed norms for foreign direct investment in the aviation sector, allowing international airlines to invest in domestic peers and cleared a slew of other reform-oriented measures ââ¬â an increase of FDI in some broadcasting services. The issue of FDI in retail has attracted considerable political debate. The matter was first proposed by the Government in 2 010, but had to be withdrawn because of political opposition. This time, the Government appears to be firm in pushing the policy through. It is possible to adduce several reasons for the determination of the Government. First, the ruling United Progressive Alliance (UPA) Government, and in particular the Congress party, has been battered by allegations of corruption and scams all through 2012, and needs a breather to establish its authority to govern. The criticism in the foreign media and by academics that the Government has been in a state of policy paralysis, which has prevented it from taking even basic measures to improve governance, has hurt its image. 2 The crisis in coal supply for power generation and the poor progress of infrastructure projects have given the impression that executive decisions have come to a halt. On the trade front, the growing current account deficit, as well as the weakening of the rupee, has been seen as warning signals for the economy. The growing fiscal deficit, the inability to control expenditure on subsidies, and a slowing economy have caused international investors and rating agencies to downgrade expectations about the Indian economy. The latest GDP growth figures of 5.3 per cent are lower than the expectations of the Government and the Reserve Bank of India alike, and the persistent inflation is hurting the entire population, especially those with fixed incomes. There was, therefore, a need to induce some confidence about the economy. In the past, the current account deficit was bridged by FDI, inflows into capital markets, and through inwardremittances. Of these, the first two had seen a sharp drop in 2010 and 2011. The equity markets were trading 30 per cent below pre-2008 crisis levels, with little appetite for fresh capital issues. FDI was dropping steadily after 2008 and dropped to 40 per cent of the 2011-12 level in the subsequent year. The high fiscal deficit was also crowding out private borrowings. In short, there was need for a correction to infuse external capital into the economy by improving the sentiment in the financial markets and by giving a signal that could restore FDI flows. The reform announcements of September 2012 were an attempt at that. There were other arguments as well. The retail sector in India has been growing at a combined annual growth rate of 6.4 per cent over the period 1998-2010, and is estimated to be worth around Rs. 50,000 crores (US$ 10 billion) in 2010. However, the contribution of organised retail remains low. As against the United States, which has the organised to unorganised ratio of 85:15, in India, it is only 10:90. Organised retail has been growing rapidly and is expected to have a share of 22 per cent before 2017. There are also several consumption-related growth drivers for retail. Indiaââ¬â¢s per capita income, in real terms, has doubled between 2000 and 2011, and income levels are expected to triple in nominal terms in the next 20 years. Average real household income has grown at an annual rate of 3.8 per cent from 1985 to 2005. The middle class population as defined at an income level of Rs. 200,000 and above at the 2000- price level is expected to increase to 40 per cent of the population b y 2025. Per household consumption expenditure has also doubled in the last decade along with rising income levels. The fast pace of urbanisation is also changing consumption patterns. As per the United Nationsââ¬â¢ state of the populations report, 40 per cent of Indiaââ¬â¢s population is expected to reside in urban agglomerates by 2030. Finally, the demographic pattern of the population, with 60 per cent of the population at 35 years or less, is driving consumption towards more modern, technologically advanced products that are the strength of modern retail outlets. In terms of the share of the various sectors in the retail industry in India, clothing and food have a share of 38.1 per cent and 11.5 per cent respectively, according to the IBEF retail report 2011. 3 As per the Indian Governmentââ¬â¢s announced policy, FDI in multi-brand retail is to be allowed only in towns which have a population of more than one million, which restricts the entry to around 35 cities. The minimum amount to be brought in by the foreign player is US$ 100 million; 50 per cent of the total FDI brought in should be invested in back-end infrastructure such as processing, logistics, warehousing and improvements in manufacturing. Fresh agricultural products may be unbranded. FDI in multi-brand retail trading in the form of e-commerce would not be permissible. Asset creation is expected to be done primarily by the foreign player. The advantage, from the Governmentââ¬â¢s point of view, is an increased opportunity for employment. It is estimated that organised retail has created over 1.5 million jobs in the period 2005-2009. The quality of employment is also superior to the opportunities in the unorganised sector. The organised sector would make a higher contributio n to tax revenues through increased VAT and eventually, GST revenues. From the point of view of customers, they are likely to get better products, lower defective items, increased choice and quality of products, and the availability of global products in local markets. For the farmers, there would be a reduction in the level of intermediaries, improvement in supply chain management, requisite infrastructure in cold chain, warehousing and transportation logistics, technological improvements in crop production, and rational and fair pricing of products. The limitation of applicability to cities with a population of one million or more implies that this would be applicable only to 35 cities in 15 states. These are Andhra Pradesh, Bihar, Delhi, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal. It is also stipulated in the policy that State Governments and Union Territories would be free to take thei r own decisions in regard to the implementation of the policy. In perspective, this policy appears to have several significant positives. It is an executive decision, well within the purview of the executive, with no need for parliamentary approval. First, on the economic side, this would lead to modernisation of retail and investment in technology, logistics and the value chain. Second, there would be opportunities of greater, higher quality of employment. Third, multiplier effects can be had in the domestic economy in the fields of warehousing, transportation and ancillary activities. Fourth, this opens up opportunities for improving the quality of employment in these sectors. Fifth, there is an assurance of greater revenue mobilisation. Sixth, this would lead to more inward capital flows and investments. Against this backdrop, there has been strong opposition to the move and political parties are lined up to oppose the move. One of the members of the UPA, the Trinamool Congress, has walked out of the alliance on this issue, leaving the Government technically in parliamentary minority, though they have the outside support of two major parties from Uttar Pradesh. 4 The opposition puts forth several arguments. First, that unorganised retail in India is run by a large number of small entrepreneurs who serve the immediate neighbourhood, and who would be driven out of business by the advent of large supermarkets. There is evidence that this has happened in some states in the US and in smaller towns in the United Kingdom and Australia. The small stores would not have the technological capability or the financial muscle to compete on equal terms with the large retail chains, and hence would be at a disadvantage. The strength of small retail lies in familiarity with the customer, that enables credit transactions to take place and provides for customer conveniences like small quantities and home delivery, which would not be possible from a large retail chain. Further, the very nature of large retail investment would require large real estate space, requiring transportation and higher transaction volumes. Therefore the concept is elitist, available only to a select few in the higher income ranges, and not of use to the common man, who constitutes of over 50 per cent of the rural and small-town consumers. So runs the argument. Secondly, it is contended that farmers would be at a disadvantage. The large retailers would be in a position to enforce supply contracts that would push farm prices down, thus affecting farmerââ¬â¢s incomes. Third, the tendency to stock mass-manufactured goods would lead to more imported goods being on offer, to the disadvantage of local manufacturers. Finally, the smaller retail stores are able to offer employment to even unskilled workers, of whom there are plenty in India. The employment requirement in large multi-brand retail stores would be for the better skilled, thus driving the poorer out of employment. These are some of the other arguments being advanced. Existing traders are lobbying hard with their own state governments against the introduction of FDI in retail. At the same time, large local retailers, who have multi-brand shops, do not also want the international names to come in, as they fear they would not be able to meet the competition. At the level of media, and even at the political level, these arguments are more in the realm of opinions and estimation, and not based on any hard analytical evidence. Firstly, the FDI retail shops would be set up in only 35 towns in the country, thus leaving most of the smaller retail shops untouched. Further, even in the larger urban centres, the requirement of real estate for these large stores is likely to be such that only a small number would be set up in each town. The advent of mod ern malls and composite shopping centres has not, in the last decade, disturbed local shopping habits or shopping centres. Rather, it has catered to a different class of young, urban consumers who are looking for products that are usually not available at traditional retail stores. It is also difficult to argue that retailing in India does not need to modernise, along with the economy, and that modern warehousing, inventory management and efficient logistics will not be of advantage to the consumer. Finally, it is also curious that there is little objection to multi-brand retail if it is owned by Indian retailers; the objection is only to FDI in retail. Perhaps this is because local large retailers do not want to face international brand competition. It is also 5 curious that there is little objection to FDI in single-brand goods. The fear of mom and pop stores being displaced and branded retail taking over the entire retail segment is perhaps overstated. It is of course possible that the arguments are entirely in the realm of politics. No doubt the strong lobbies of the existing small retailers as well as the established Indian multi-brand retailers are adding to the fervour of the arguments, but the epicentre of the issue appears to be the political scene. Currently, the UPA has lost a major ally in the Lok Sabha, key lower house of national Parliament, and depends on the support of Samajwadi Party and Bahujan Samaj Party, two opposing parties in Uttar Pradesh (against both of whom the Congress fought in the recent state elections). In the upper house, the Rajya Sabha, the Government does not have the numbers for the vote. The ruling alliance, as already mentioned, has been weakened in 2012 by complaints of non-performance and a number of allegations of corruption: it is perhaps natural for the opposition parties to press home their advantage when the UPA is weak. There is little to be achieved as the FDI decision is an executive decision, unlikely to bring down the Government. So, this political tussle would only reveal the combination of political forces and allies in a kind of muscle-flexing for the next General elections, now slated for in 2014 in the normal course. The downside would be that international confidence in governance in India would be further weakened, and in fact, may lead to reluctance to invest in India. It is therefore vital that the Government should sail through these discussions and win a decisive vote in Parliament. . . FDI in Retail sector in India: How does this affect you? Health & Lifestyle by Editor Retailing defines the direct interface between the manufacturers and the end users who are basically individual consumers. The retail business owners stock up all goods after purchasing it directly from the manufacturers and then sell it to individual customers keeping a profit margin for themselves. Of late the retailing industry in India has bloomed with much coveted success causing positive impact on the national economy. As per the recent revelations by the popular International Management Consultancy AT Kearney, India has been considered the second most lucrative destinations of the world for retail business. Read what is FDI and buzz around it In India, retailing industry is segregated into two classes- organized retailing and unorganized retailing. Organized retailing entails trading conducted by licensed retailers and unorganized retailing includes all types of low cost trading like local shops, small roadside stores and temporary shops or door to door selling of various goods.Until now, according to the Indian retailing laws, Foreign Direct Investment in multi-brand retail market was prohibited. But government is thinking to open the FDI in retail in India which implies that foreign investment in retailing is possible up to 51%. Now the announcement of retail FDI in India has triggered a series of debates on both positive and negative notes and become political issue. So letââ¬â¢s discuss these things, what all this means to you through advantages and disadvantages: Advantages of FDI in retail sector in India: â⬠¢ Growth in economy: Due to coming of foreign companiesââ¬â¢ new infrastructure will be build, thus real estate sector will grow consequently banking sector, as money need to be required to build infrastructure would be provided by banks. â⬠¢ Job opportunities: Estimates shows that this will create about 80Lakh jobs. These career opportunities will be created mostly in retail, real estate. But it will create positive impact on others sectors as well. Read about career options in Retail sectorâ⬠¦.. â⬠¢ Benefits to farmers: In most cases, in the retailing business, the intermediaries have dominated the interface between the manufacturers or producers and the consumers. Hence the farmers and manufacturers lose their actual share of profit margin as the lionââ¬â¢s share is eaten up by the middle men. This issue can be resolved by FDI, as farmers might get contract farming where they will supply to a retailer based upon demand and will get good cash for that, they need not to search for buyers. â⬠¢ Benefits to consumers: Consumer will get variety of products at low prices compared to market rates, and will have more choice to get international brands at one place. â⬠¢ Lack of infrastructure in the retailing chain has been one of the common issues in India for years which has led the process to an incompetent market mechanism. For example, in spite of India being one of the largest producers of vegetables and fruits, lack of proper count of cold storages has significantly affected the selling of these perishable items. FDI might help India overcome such issues by channelizing the resources in the right manner. â⬠¢ In the last years, the Public distribution system is proved to be significantly ineffective. In spite of the fact that the government arranged for subsidies, the food inflation has caused its negative impact continuously and it can be handled by FDI. Disadvantages of FDI in retail sector in India: â⬠¢ According to the non-government cult, FDI will drain out the countryââ¬â¢s share of revenue to foreign countries which may cause negative impact on Indiaââ¬â¢s overall economy. â⬠¢ The domestic organized retail sector might not be competitive enough to tackle international players and might loose its market share. â⬠¢ Many of the small business owners and workers from other functional areas may lose theirjobs, as lot of people are into unorganized retail business such as small shops. However the government is quite stringent on this issue and determined to allow FDI in India. The actual impacts would be observed over time and till then the laymen have nothing but to hope for the best! Walmart Lobbying and Political Corruption in Retail FDI: Recent reports presented by Walmart to US Govt. revealed that it spend Rs. 125 cr in lobbying Indian lawmakers to get access to Indian market. These facts are serious, if Govt. is doing all this in favour of bribery and money then results might not be good as it is projected. Since Walmart will continue to mould things in their favour by lobbying and bribery as political corruption is well known in Indian politics. They can be purchased easily. Showing Results For ââ¬Å"disadvantages of fdi in retailâ⬠DIPP circulates Cabinet note on relaxing FDI norms for housing sector 16 Sep 2013 FacebookTweetShareThisEmail [pic] New Delhi: The Commerce and Industry Ministry has circulated a draft Cabinet note on relaxing FDI norms for the housing sector, which proposed easing the three-year lock-in period among other things. DDIP, Cabinet note, FDI norms, housing sector, FDI guidelines, RBI notifies definition of ââ¬Ëcontrolââ¬â¢ in context of FDI 14 Sep 2013 FacebookTweetShareThisEmail [pic] Mumbai: The Reserve Bank notified the definition of term ââ¬Ëcontrolââ¬â¢ in relation to foreign direct investment and revised the list of states where FDI is permitted in multi-brand retail. RBI, FDI, RBI notification, RBI policy, Reserve Bank, multi-brand retail , Government notifies changes in FDI policy, paves way for larger overseas investments 12 Sep 2013 FacebookTweetShareThisEmail [pic] New Delhi: The government has notified changes in the FDI policy, paving the way for larger overseas investments in sectors such as multi-brand retail and telecom. FDI policy, FDI notification, India FDI policy, overseas investments, Foreign investment, FEMA regulations, Malls to contribute 35 percent of modern retail sales by 2016, says report 11 Sep 2013 FacebookTweetShareThisEmail [pic] Mumbai: With popularity of mall culture on the rise, these swanky shopping centres are expected to contribute to more than a third (35 per cent) of the modern retail sales in the next three years, says a report. malls, shopping, retail, sales, india, No case for Indiaââ¬â¢s rating downgrade by global agencies: Rangarajan 13 Sep 2013 FacebookTweetShareThisEmail [pic] New Delhi: Government has already taken a host of reform measures and there is no case for any downgrade of Indiaââ¬â¢s sovereign rating by global agencies, Prime Ministerââ¬â¢s key economic advisor C Rangarajan said. C Rangarajan, India rating downgrade, India growth projection, Prime Ministerââ¬â¢s key economic advisor, Indian economy, FDI , Walmart India plans possibly at final stage, says government official 31 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Global retail giant Walmart is expected to soon firm up its plan to foray into Indiaââ¬â¢s multi-brand sector, a top government official on Friday said. Walmart, FDI, Foreign Direct Investment, Department of Industrial Policy and Promotions, Walmart Asia Chief Scot, multi brand retail, Formation of Civil Aviation Authority crucial for development: Survey 09 Sep 2013 FacebookTweetShareThisEmail [pic] New Delhi: Liberalized FDI norms have the potential to put the aviation sector on the growth track but taxation issues are major impediments for the industry, a survey has found. Civil Aviation Authority, FDI, Indian civil aviation sector, relaxation in FDI, Aviation sector, taxation, India Inc hails relaxation in multi-brand retail norms 02 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Hailing governmentââ¬â¢s announcement to relax investment norms in multi-brand retail and raising FDI caps in several sectors, India Inc said that the reforms were ââ¬Å"much-neededâ⬠and will boost the confidence of foreign investors which will help in reviving the economy. FDI in retail, FDI in India, Changes in FDI norms, FDI inflow in India, FDI caps, Government to further liberalize FDI policy, says Chidambaram 31 Jul 2013 FacebookTweetShareThisEmail [pic] New Delhi: Faced with sliding rupee, Finance Minister P Chidambaram on Wednesday said government will further liberalize the FDI policy and encourage public sector undertakings to raise funds from overseas markets. P Chidambaram, FDI, FDI in India, FDI policy in India, FDI in retail , Government eases FDI norms in multi-brand retail, allows 100 percent investment in telecom 02 Aug 2013 FacebookTweetShareThisEmail [pic] â⬠¢ Norms for Multi-brand Retail Trading (MBRT) relaxed â⬠¢ Eased mandatory 30 pc local sourcing norms for MBRT players â⬠¢ Local sourcing norm to apply only in first engagement â⬠¢ FDI cap in telecom raised to 100 pc from 74 pc; up to 49 pc through automatic route and beyond that via FIPB FDI in India, FDI inflow in India, FDI in multi-brand retail, FDI in telecom, FDI cap in India, FDI cap in telecom sector, ââ¬â See more at: http://post.jagran.com/search/disadvantages-of-fdi-in-retail#sthash.iXvt8E8g.dpuf RBI allows non-resident investors to buy shares under FDI scheme 07 Sep 2013 FacebookTweetShareThisEmail [pic] Mumbai: The Reserve Bank today allowed non-resident investors, including NRIs, to buy shares of Indian entities listed on recognised stock exchanges under FDI scheme, but subject to certain conditions. non-resident investors, NRI investors, FDI scheme, FDI investment, FEMA regulations , Government clears 17 FDI proposals worth Rs 993 crore 04 Sep 2013 FacebookTweetShareThisEmail [pic] New Delhi: The government has approved 17 foreign direct investment (FDI) proposals totalling Rs 992.61 crore, while recommending the Rs 2,058 crore Jet-Etihad deal for final clearance to the Cabinet. Foreign direct investment, FDI in India, FDI proposals, Pending FDI proposals, Jet-Etihad deal, Union Cabinet, FDI proposals approved , Traders will protest if government raises FDI cap in retail: CAIT 16 Jul 2013 FacebookTweetShareThisEmail [pic] Opposing any hike in FDI cap in multi-brand retail, apex tradersââ¬â¢ body CAIT Tuesday said such a move will not only affect interest of small traders but would also have a negative impact on the economy. FDI, hike in FDI, FDI in multi brand retail, CAIT, Manmohan Singh, Rajnath slams FDI in multi-retail, says it would increase unemployment 25 Jul 2013 FacebookTweetShareThisEmail [pic] Washington: Describing Bharatiya Janata Party as pro-reforms, BJP president Rajnath Singh has defended its decision to oppose Foreign Direct Investment in multi-brand retail arguing that such a move would aggravate the unemployment problem in India. Bharatiya Janata Party, Rajnath Singh, Foreign Direct Investment, FDI in multi brand retail, Indian economy, Government eased norms for FDI in multi-retail under pressure from global retailers: Meenakshi Lekhi 03 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Bharatiya Janata Party (BJP) spokesperson Meenakshi Lekhi has alleged that easing norms for Foreign Direct Investment (FDI) in multi-brand retail had come after specific lobbying by global retailers like Walmart and Tesco. BJP spokesperson Meenakshi Lekhi, global retailers, FDI in multi-brand retail, lobbying by global retailers, UPA government, Disadvantages of open-plan offices revealed 09 Jul 2013 FacebookTweetShareThisEmail [pic] There are advantages and disadvantages to an open-plan office ââ¬â a single giant room where there is not much to separate you from a co-worker seated next to you. Open-plan office, single giant room, distraction, distracted environment, Gensler, Karnataka agrees to implement FDI in multi-brand retail 27 Jun 2013 FacebookTweetShareThisEmail [pic] Karnataka has joined 11 other states and union territories that have agreed to allow foreign direct investment (FDI) in multi-brand retail. Karnataka government, FDI in multi-brand retail, FDI in Karnataka , FDI in retail, Government may tweak retail FDI norms to ease entry of global chains 03 Jul 2013 FacebookTweetShareThisEmail [pic] The government is considering tweaking the FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with a population of less than one million. FDI in retail, FDI policy in retail sector, FDI norms in retail sector, FDI cap in retail sector, FDI in multi-brand retail in non-hilly cities , Industry gives thumbs-up to governmentââ¬â¢s FDI decisions 18 Jul 2013 FacebookTweetShareThisEmail [pic] Governmentââ¬â¢s decisions to relax limits for FDI in a dozen sectors are ââ¬Ëmost timelyââ¬â¢ and will boost investor sentiments, India Inc said. FDI decisions, India Inc, CII, Assocham, FICCI, FDI in retail, FDI in telecom, E-commerce firm Snapdeal.com ties-up with Hypercity Retail 29 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: E-commerce firm Snapdeal.com on Thursday entered into a strategic partnership with Hypercity Retail, a part of the K Raheja Group, to sell Hypercityââ¬â¢s products on its portal. Snapdeal.com, Hypercity Retail, E-commerce, Snapdeal.com-Hypercity tie-up, Hypercity merchandise, ââ¬â See more at: http://post.jagran.com/search/disadvantages-of-fdi-in-retail/2#sthash.BRqA4Hrr.dpuf Showing Results For ââ¬Å"disadvantages of fdi in retailâ⬠Walmart expresses inability on meeting sourcing norms in the multi-brand segment 23 Jul 2013 FacebookTweetShareThisEmail [pic] New Delhi: The worldââ¬â¢s largest retailer Walmart has expressed its inability to the government on meeting the sourcing norm in the multi-brand segment that requires 30 percent procurement from small industries, stating it can procure only about 20 percent. Walmart, Walmart in India, FDI in retail, FDI policy, Procurement from small industries, Commerce and Industry Minister, Anand Sharma, Government to introduce Insurance Bill in Winter Session of Parliament 05 Sep 2013 FacebookTweetShareThisEmail [pic] New Delhi: Finance Minister P Chidambaram said that the Insurance Laws (Amendment) Bill, which seeks to raise the foreign equity cap in the sector to 49 percent, will be taken up in the Winter Session of Parliament. Insurance Bill, Insurance Bill India, Insurance Bill 2013, FDI in Insurance, Winter Session, Finance Minister, P Chidambaram, Centre and states should be cautious in implementation of FDI 29 Jun 2013 FacebookTweetShareThisEmail [pic] What is this FDI, which can bring the Parliament of India to a grinding halt, why it has become a political debate that a coalition partner had to withdraw its support from the government at the outset of this issue and the opposition took it to the streets to oppose with tooth and nail. Why would a country seek FDI, an acronym for Foreign Direct Investment, if it had actually managed without it till the conception and relevance of FDI in India ? FDI, FDI in India, FDI inlfow in India, FDI cap in India, FDI in retail issue, Retail inflation for farm and rural workers eases marginally 21 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Retail inflation for farm and rural workers has come down marginally to 12.80 percent and 12.61 percent respectively in July, even as prices of food items and cloth remained high. Retail inflation, Farm workers, rural workers, inflation in July, Agriculture Labour, Consumer Price Index, Latest news, No proposal to hike FDI cap in banking sector: Government 24 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: There is no proposal to hike foreign investment ceiling in the banking sector, the government said. FDI, Banking sector, FDI in banking, Indian banks, FDI proposals, Latest news, Sensex slumps in morning trade following profit-booking by retail investors 23 Aug 2013 FacebookTweetShareThisEmail [pic] Mumbai: The BSE benchmark Sensex on Friday fell by 61 points in morning trade as funds and retail investors booked profits after previous sessionââ¬â¢s gains. The 30-share barometer declined by 61.96 points, or 0.34 per cent, to 18,250.98 with healthcare, FMCG, PSUs and power stocks succumbing to profit-booking. The index had surged by 407.03 points on Thursday after four sessions of losses. Sensex, BSE, NSE, Sensex slumps, Sensex slumps in morning trade, latest news, Mayawati slams government move to open retail sector to FDI 26 Nov 2011 FacebookTweetShareThisEmail [pic] Slamming the Centreââ¬â¢s decision to allow FDI in retail, UP Chief Minister Mayawati on Saturday alleged that it was taken to benefit companies of foreign friends of Rahul Gandhi and said that her government would not allow it in the state. FDI in retail, UP Chief Minister Mayawati on FDI, opposition oppose FDI in retail, advantages of FDI in retail, disadvantages of FDI in retail, government on FDI in retail, Centre on FDI in retail , New FDI rules, a setback for foreign and local retailers 08 Jun 2013 FacebookTweetShareThisEmail [pic] New rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal-Mart Stores Inc, increase costs and hurt cash-strapped local retailers eager to partner with foreign companies. FDI, FDI rules, new FDI policy, Wal-Mart, FDI in India, FDI in retail sector , RBI hikes FDI cap in Asset Reconstruction Companies to 74 percent 20 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: The Reserve Bank hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) to 74 percent from the earlier cap of 49 percent. Reserve Bank, FDI, Asset Reconstruction Companies, FDI in ARCs, FDI proposals, Latest news, FDI in hospitality sector increases to USD 2.23 billion in April 11 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Reflecting increased interest of foreign players in the countryââ¬â¢s hospitality industry, the hotel and tourism sector witnessed a sudden spurt in FDI in April, attracting USD 2.32 billion. FDI in hospitality, FDI, hospitality industry, fdi inflow in india , ââ¬â See more at: http://post.jagran.com/search/disadvantages-of-fdi-in-retail/3#sthash.rPoIwVLG.dpuf Government cornered, Pranab briefs Cong MPs on FDI, inflation 30 Nov 2011 FacebookTweetShareThisEmail [pic] With Government being cornered over various issues, Finance Minister Pranab Mukherjee on Wednesday briefed party MPs about the rationale behind allowing FDI in retail as also steps being taken to address inflation and blackmoney so that they could counter to opposition attack. government on FDI, Latest on Indian Economy, Latest on FDI reforms, FDI in retail scares Indian bulk market, FDI in India, FDI in retail, advantages of FDI in retail, disadvantages of FDI in retail, Congressââ¬â¢ Kerala on FDI, Congress in inflation , 65 percent more traffic on online retail sites: Assocham 16 Aug 2013 FacebookTweetShareThisEmail [pic] Mumbai: With the festive season round the corner, there is a 65 percent increase in online shopping from last year, according to industry body Assocham. Assocham, retail portals, online retail websites, online shopping, shopping portals, latest news , Telecom sector received Rs 58,782 crore FDI in last 13 years 19 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: The countryââ¬â¢s telecom sector has received a cumulative foreign direct investment (FDI) of USD 12,865 million (Rs 58,782 crore) in the last 13 years, which comprises 7 percent of the total FDI inflows. Telecom sector, FDI in Telecom, foreign direct investment, FDI inflows, Milind Deora, Latest news, Onion prices soar to Rs 60 per kg in Delhiââ¬â¢s retail market 12 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Onion prices have soared to Rs 60 per kg in the retail market of the national capital due to lower supply from producing regions. Onion prices, Onion prices in Delhi, Onion retail price, Safal stores in Delhi, Onion price hike, Government not considering ban on onion exports despite high prices 24 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: Government is not considering any proposal to ban onion exports as the hike in price of the commodity is not because of outward shipments, Food Minister K V Thomas said. onion exports, onion prices, onion price hike, onion retail price, India onion exports, latest news, SC dismisses petition challenging FDI in multi-brand retail 01 May 2013 FacebookTweetShareThisEmail [pic] The Supreme Court on Wednesday upheld the government policy of allowing Foreign Direct Investment (FDI) in multi-brand retail. Supreme Court, FDI in multi-brand retail, FDI in retail, Foreign Direct Investment, Incense sticks may affect your health: Study 06 Aug 2013 FacebookTweetShareThisEmail [pic] Los Angeles: Incense sticks could come with a health risk, a new research has shown that burning these generate indoor air pollutants, which may lead to inflammation in human lung cells. Incense sticks, Incense sticks health risks, Incense sticks health woes, health hazards of Incense sticks, disadvantages of incense sticks, Put blanket ban on FDI in brownfield pharma: Parliamentary panel 14 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: A Parliamentary panel has recommended a ââ¬Å"blanket banâ⬠on any FDI in brownfield pharma projects, or ones in which stake is acquired in an existing company, while investment of more than 49 percent would go to the Foreign Investment Promotion Board (FIPB). FDI in brownfield pharma, brownfield pharma, FDI, Foreign Investment Promotion Board, Reserve Bank of India, latest news, CPI shares dais with BJP over FDI in retail 08 Mar 2013 FacebookTweetShareThisEmail [pic] Leaders of BJP and Left Front shard the dais in Ram Lila Ground to oppose the Central Governmentââ¬â¢s decision allowing Foreign Direct Investment in retail sector. FDI in retail, Retail FDI, BJP, CPI, Rajnath Singh , Stilettos: High on fashion, low on health 26 Jul 2013 FacebookTweetShareThisEmail [pic] New Delhi: The tick-tack of high heels usually spells high-end fashion! But do you know that wearing stilettos on a regular basis entails health hazards? Experts say slipped disc, knee arthritis and plantar fasciitis (a painful inflammation on the sole of the foot) are common problems faced by women who wear them on regular basis. Stilettos, side effects of Stilettos, Stilettos health hazard, disadvantages of Stilettos, health woes of Stilettos, ââ¬â See more at: http://post.jagran.com/search/disadvantages-of-fdi-in-retail/4#sthash.o6mEEjXv.dpuf Showing Results For ââ¬Å"disadvantages of fdi in retailâ⬠NDA will roll back FDI in retail if voted to power: Rajnath 13 Mar 2013 FacebookTweetShareThisEmail [pic] Rollback of FDI in multi-brand retail will be the top priority of NDA coalition if it is voted to power in the next general elections, BJP chief Rajnath Singh said on Wednesday. Rajnath Singh, FDI in retail, NDA, FDI in multi-brand retail, protest against FDI in retail, FDI rises 25 percent to six-month high of USD 2.32 billion in April 15 Jul 2013 FacebookTweetShareThisEmail [pic] Foreign direct investment (FDI) into India increased 25 percent year-on-year to USD 2.32 billion in April, the highest level in the past six months. In April 2012, the country had received FDI worth USD 1.85 billion, according to data from the Department of Industrial Policy and Promotion (DIPP). Fdi, fdi increases by 25pc, foreign inflows, fdi in India, liberalizing fdi, Walmart continues US lobbying on ââ¬ËFDI in Indiaââ¬â¢ 23 Apr 2013 FacebookTweetShareThisEmail [pic] Walmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giantââ¬â¢s US lobbying activities for facilitating its India entry. Walmart lobbying in US, FDI in India, Indian retail FDI rules, Foreign Direct Investment, Government clears IKEAââ¬â¢s Rs 10,500 crore FDI proposal 03 May 2013 FacebookTweetShareThisEmail [pic] The government on Thursday allowed Swedish furniture major IKEA to invest Rs 10,500 croreââ¬âthe biggest ever FDI proposal in single brand retailââ¬â for setting up home furnishing stores in the country. FDI proposal, IKEA, Swedish furniture major, Single brand retail, Manmohan Singh, Cabinet Committee on Economic Affair , Karbonn A29 available on e-retail sites 23 Jul 2013 FacebookTweetShareThisEmail [pic] New Delhi: Karbonn has rolled out its new Karbonn A29 for sale on online retail stores for a price of Rs 8990. However, the device has not been officially launched. Karbonn A29, Android 4.1, Wi-Fi, Bluetooth, GPS, Karbonn, FDI in retail 06 Oct 2012 FacebookTweetShareThisEmail [pic] FDI in retail is being projected as a panacea for all the ills plaguing agriculture. It is expected to raise farmers income, remove middlemen, help consumers get a low price, and of course remove the massive wastage that we see in the farm supply chain. FDI, FDI in retail, economic reforms, UPA, Devinder Sharma blogs, Jagran blogs, Govt raises FDI limits in 12 sectors, clears 100 pc foreign investment in telecom 17 Jul 2013 FacebookTweetShareThisEmail [pic] The Central Government has liberalized the Foreign Direct Investment (FDI) limits in several sectors on Monday, opening the doors for foreign investments. It has approved 100 percent raise in the telecom sector and also increased the limits in other sectors, mainly to boost up the national economy. Foreign direct investment, FDI, 100 percent FDI in telecom, FDI limit in 12 sectors, FDI in Telecom, Telecom FDI, India reforms, FDI liberalization, US welcomes Indiaââ¬â¢s FDI decisions 20 Jul 2013 FacebookTweetShareThisEmail [pic] Washington: Ahead of Vice President Joe Bidenââ¬â¢s visit, the US has welcomed Indiaââ¬â¢s decision to increase foreign direct investment in key sectors like defence, telecom and insurance. FDI in India, FDI reforms in India, FDI cap in India, Indian economy, Walmart , NCP not to allow FDI in retail in Maharashtra 05 Dec 2012 FacebookTweetShareThisEmail [pic] Even as it voted in favour of FDI in retail, UPAââ¬â¢s key constituent NCP on Wednesday struck a discordant note by saying that it did not support implementation of the decision in Maharashtra. Praful Patel, FDI in Maharashtra, FDI vote, FDI debate, FDI in Maharashtra, BJP vows to oppose FDI in retail till its last breath 07 Mar 2013 FacebookTweetShareThisEmail [pic] Assuring support to the traders opposing the Congress-led governmentââ¬â¢s decision to allow FDI in retail, BJP leader Arun Jaitley said on Thursday that his party would oppose the move till its ââ¬Å"last breathâ⬠. ââ¬â See more at: http://post.jagran.com/search/disadvantages-of-fdi-in-retail/5#sthash.9m02kf4N.dpuf Raising FDI caps to boost Indian economy 17 Jul 2013 FacebookTweetShareThisEmail [pic] The series of foreign direct investment proposal approved by the Union Cabinet in key areas of defence, insurance and telecom along with others would provide the much needed boost to the Indian economy, a top Indian industry leader has said. Fdi, Cii, fdi approved by union cabinet, indian economy, fdi in defence, fdi in telecom, Arvind Kejriwal seeks referendum on FDI in retail 08 Dec 2012 FacebookTweetShareThisEmail [pic] Social activist Arvind Kejriwal who recently launched the Aam Aadmi party on Saturday demanded a referendum on FDI in retail. Arvind Kejriwal, referendum on FDI, FDI in retail, FDI vote, FDI debate , FDI in retail will be good if it benefits farmers:Kalam 15 Dec 2012 FacebookTweetShareThisEmail [pic] Former President Dr APJ Abdul Kalam on Friday said FDI in retail would be good if it benefits lakhs of farmers in the country. APJ Abdul Kalam, FDI in Retail, Indian Farmers, RLD speaks in favour of FDI in retail 05 Dec 2012 FacebookTweetShareThisEmail [pic] Lending support to foreign direct investment (FDI) in multi-brand retail, the Rashtriya Lok Dal (RLD) on Wednesday said the move will not destroy small manufacturers and farmers. Jayant Chaudhury, RLD, FDI in retail, FDI debate, FDI vote, SC expresses concern over FDI policy, seeks governmentââ¬â¢s response 22 Jan 2013 FacebookTweetShareThisEmail [pic] Expressing its concern over the Parliamentââ¬â¢s nod to the Foreign Direct Investment in multi-bran retails, the Supreme Court on Tuesday asked the Centre to file its response within five weeks on how it intends to safeguard interests of small traders after FDI is allowed in retail sector. Supreme Court, FDI in retail, FDI policy, PM to discuss FDI related issues with Cabinet members today 16 Jul 2013 FacebookTweetShareThisEmail [pic] Prime Minister Manmohan Singh will on Tuesday evening discuss the proposal to hike foreign investment caps in sectors like telecom, retail and defence with his senior Cabinet colleagues. Manmohan Singj, FDI cap in India, Hike in FDI cap, FDI in India, FDI in different sectors in India , Government open to debate on FDI in retail: Kamal Nath 26 Nov 2012 FacebookTweetShareThisEmail [pic] The government was open to discussions on foreign direct investment (FDI) in retail, Parliamentary Affairs Minister Kamal Nath said on Monday ahead of an all-party meeting on the ongoing logjam in the Parliament. Kamal Nath, FDI, FDI in retail, FDI in Parliament, Parliamentary panel suggests revival of pharmaceutical PSUs 16 Aug 2013 FacebookTweetShareThisEmail [pic] New Delhi: A Parliamentary Committee has suggested revival of pharmaceutical public sector undertakings like HAL and IDPL for large scale production of affordable generic medicines to be provided to common man. Pharmaceutical public sector undertakings, Pharmaceutical companies, FDI in Pharmaceutical Sector, generic medicines, generic medicines supply, Latest news, FDI in retail: Small shops giving competition to big retailers 27 Feb 2013 FacebookTweetShareThisEmail [pic] Traditional retailers are giving a strong competition to organised retailers and the decision to permit foreign retailers to open stores in the country will not affect small players in India, the government said on Wednesday. FDI in retail, Economic survey 2012-13, Unorganised retail sector, Kirana stores , Last word on FDI in retail has not been said: BJP 12 Jan 2013 FacebookTweetShareThisEmail [pic] BJP on Friday said the last word has not yet been said on the FDI in multi-brand retail issue and the party would revisit the decision of the UPA government if it comes to pow ââ¬â See more at: http://post.jagran.com/search/disadvantages-of-fdi-in-retail/6#sthash.AYmUF1Bg.dpuf
Thursday, August 29, 2019
HRM in Organisations Coursework Example | Topics and Well Written Essays - 3750 words
HRM in Organisations - Coursework Example Ulrichââ¬â¢s foundation to HR model was based on his statement, ââ¬Å"HR should be defined not by what it does but by what it delivers ââ¬â the results that enrich the organizationââ¬â¢s value to customers, investors, and employeesâ⬠(1998; p.29). To underpin this proposition, Ulrich has proposed the four-role model of HRM that clearly defines the roles of human resource professionals in creating value for the organization. The present work is an attempt to understand both models from a critical perspective through respective advantages and disadvantages. These models have been studied based on few examples derived from organizations that have successfully adopted them; demerits have also been explored based on some unsuccessful attempts. Four-role model of HR: Identification of various roles that HR professionals performed has led Ulrich to organize these multiple roles in a more systematic and understandable fashion that resulted in the four-role model. In the four-role model, Ulrich has emphasized the business-partnership roles that HR professionals play in terms of focus on long-term/strategic to short-term/operational functions, and activities ranging from managing processes through HR tools and systems to managing people. Based on these two dimensions, focus and activities, Ulrich has identified four key roles for HR professionals that include, management of strategic human resources, management of firm infrastructure, management of employee contribution, and management of transformation and change (Ulrich, 1997; p.25). Ulrich (1997) has referred to each of these functions with specific metaphors that are identical with respective role or function, namely, strategic partner, administrative expert, employee champion, and change agent. As strategic partners, HR professionals are involved in framing HR strategies in line with organizational goals and objectives; specific operational objectives are also considered while framing the strategies. For instance, Ulrich (1997) cites the example of Marriott Hotelââ¬â¢s initiative while starting their operations in Hong Kong. This strategic initiative included introduction of five-day working schedule for its staff, which was unlike most other competitors in that sector. This initiative was meant to attract the best talent in the industry, as well as a step to retain them. Ulrich stated, ââ¬Å"The five-day workweek became a cornerstone of Marriottââ¬â¢s strategy for achieving high-quality service, enabling the company to advertise, solicit, and secure the talented employees who would provide that service in Hong Kong marketâ⬠(1997; p.26). It has been proven in many organizations that appropriate HR strategies are very effective in achieving organizational objec tives. Critiques, which include Ulrich also, have argued that the HR roles in this model literally mean HR functions, and not limited to specific roles. However, many organizations that adopted the Ulrich model had misinterpreted the model and its adoption. Adoption of this model had lead to division of HR functions based on roles, which was not the original intention or idea embedded in this model. Moreover, HR functions and structures cannot be fixed, and need to be changed based on
Wednesday, August 28, 2019
Challenges in The Music Industry Essay Example | Topics and Well Written Essays - 2500 words
Challenges in The Music Industry - Essay Example The music industry is going through a hard time due to a decline in CD sales over the years. This is mainly due to the free digital downloads from file sharing sites. The artists are no longer earning much from royalties since the record companies are not selling as much as they once did. This has created the need for the artists and the record companies to seek other alternatives. The music industry is a massive one and consists of producers, artists, retailers, songwriters, marketing agencies, publishers, record studios, record labels engineers, manufacturers and distributors. Essentially, artists, who could also be songwriters, are signed under contracts by record companies to produce a given number of albums or singles. More often than not, record companies pay for the production, manufacture and marketing of albums worldwide. Any revenue generated from album sale goes towards covering the cost of its production. A number of record companies also have ownership rights to the back catalogue of artists. This in essence means that they can decide how this catalogue will be used. For instance, another artist may wish to re-record the song, or an advertising agency may want to use it in its campaign. The record company has the discretion of deciding whether or not to reissue the material. This could probably be in a reformatted version consisting of bonus tracks or could be completely re-mastered. In numerous cases, certain types of music do not have sufficient demand to warrant spending of a lot of money on them. As a result, the record company may make big losses on that artist. The record companies usually regard the artists they work with as among their product portfolio. This leads to very successful artists effectively subsidizing lesser known ones. Record companies therefore base their business on the ability to provide music capable of satisfying the consumers' wide range of tastes. They therefore have to manage their product portfolio carefully to make sure that the cash that flows into the business is adequate in maintaining all its liabilities. Many record companies are usually owners of other companies that they may either have set up or bought. For instance, Universal Music Group also owns other companies such as Deutsche Grammophon and Verve. The company also owns a number of labels distributing both rock and mainstream pop material. It is therefore common for the industry to be dominated by five or so major companies accounting for about 75 per cent of all recorded music sales worldwide. However, within these five companies may be many other companies and labels, which may be well- known in their field of operation. These smaller companies may actually have been set up or acquired by their parent companies. The challenges A number of record labels have seen their sales fall tremendously over the years. This fall has been attributed to increased piracy that has greatly affected the music industry. Artists get their royalties from their music's sales by the record companies. Piracy means that any sales made are not official, and therefore no payment for the artists. The advancement of technology has not made the situation any better. It has led to an increase
Tuesday, August 27, 2019
Alternative Recruitment Methods in HR Practice Essay
Alternative Recruitment Methods in HR Practice - Essay Example References Carlson, K.D, Connerley, M.L and Mecham, RL. 2002. Recruitment evaluation: The case for assessing the quality of applicants attracted. Personnel Psychology. 55(2): 461-490. Taylor, S. 2005. People resourcing. 3rd ed. London: CIPD Publishing. 2. Why do employers persist with the selection interview when more accurate alternatives are available? Selection interviews are the most widely used methods of selection because of the clarity and simplicity as well as cost-effectiveness. Most organisations do not opt for alternative selection procedures because of their complexity in interpretation as well as costs; usage of alternative methods requires training for the managers or selectors whereas the traditional methods do not require any special training other than understanding the job requirements and matching them with the candidatesââ¬â¢ skills. However, research indicates minimal or no correlation between future job performance and selection interview (Lunenburg, 2010). I nterviewers do not bother to test the effectiveness of selection interviews. Moreover, managersââ¬â¢ perception of their intuitive abilities rule over structured interview testing; managers tend to have strong belief in their judgmental abilities. Managers believe that selection interviews help to assess the candidates in a variety of situations, which also provides a comprehensive idea of the candidate and his/her fit to the job. Selection interviews do provide opportunities for manipulating the answers by the candidates. Besides these, selection interviews highlight certain skills that may or may not be relevant to the job requirements. Such skills include intangible characteristics such as candidateââ¬â¢s confidence, speaking abilities, positive attitude, presentation, and... Selection interviews are the most widely used methods of selection because of the clarity and simplicity as well as cost-effectiveness. Most organisations do not opt for alternative selection procedures because of their complexity in interpretation as well as costs; usage of alternative methods requires training for the managers or selectors whereas the traditional methods do not require any special training other than understanding the job requirements and matching them with the candidatesââ¬â¢ skills. However, research indicates minimal or no correlation between future job performance and selection interview (Lunenburg, 2010). Interviewers do not bother to test the effectiveness of selection interviews. Moreover, managersââ¬â¢ perception of their intuitive abilities rule over structured interview testing; managers tend to have strong belief in their judgmental abilities. Managers believe that selection interviews help to assess the candidates in a variety of situations, which also provides a comprehensive idea of the candidate and his/her fit to the job. Selection interviews do provide opportunities for manipulating the answers by the candidates. Besides these, selection interviews highlight certain skills that may or may not be relevant to the job requirements. Such skills include intangible characteristics such as candidateââ¬â¢s confidence, speaking abilities, positive attitude, presentation, and enthusiasm. Many organisations have understood the drawbacks of selection interviews.
Monday, August 26, 2019
Information systems Essay Example | Topics and Well Written Essays - 750 words - 1
Information systems - Essay Example Since Nucor Steel believes staunchly in its customers, it is essentially taking care of everyone under this umbrella. These include the shareholders, the communities as well as the people who buy and use their products. At Nucor Steel, organizational culture plays a very significant role towards knowledge creation and knowledge sharing since these dictate the message which is sent out to the customers, shareholders and the general public that makes use of the product after they have bought it. This in turn affects the overall performance of the company because the customers form the basis of the companyââ¬â¢s growth and development. Social capital is defined as the networks that are existent amongst the people who reside as well as work in a specific society which essentially allows the society to go about functioning in an effective and efficient way (Morden 1995). From a personal perspective, social capital allows the people to connect with one another on a one to one level whil e in a professional perspective; they work alongside one another to achieve common goals and objectives. This social capital premise therefore decides the manner under which their linkages are ensured in the long run. As an example, Nucor Steel likes its people to connect both on a personal as well as a professional perspective to derive harmony for the business which in turns means strategically aligned better performance models. 2. Traditional financial accounting falls short in measuring the value of a company, especially for assessing strategic value of knowledge and capabilities. Why? Describe how knowledge accounting such as balanced scorecard may be used to solve this problem. Traditional financial accounting has often fallen short of measuring the real value of the company and more so for the sake of determining the long term value of knowledge and its
Sunday, August 25, 2019
Communication Skill Assessment Assignment Example | Topics and Well Written Essays - 500 words
Communication Skill Assessment - Assignment Example y especially when goals are not relayed properly; low morale that comes from misunderstanding of tasks leading to confusion that may have effects on self esteem; and mistakes that come from misunderstanding. Communication skills are the ability to pass information in away that is effective and efficient to others. People with good verbal and written communication skills are instrumental to organizations as they help relay information for the companyââ¬â¢s benefits (Business Dictionary.com, 2014). Upon taking a communications skill assessment test on mindtools.com, I got a score of 55 points. According to the assessment, I am not an excellent communicator and neither am I a bad one. The score meant that I am a good communicator but still have problems in a few areas (Mind Tool, 2014). The test had a total of fifteen multi-choice questions/statements that had to be responded to by marking inside a circle. The possible answers would range from not at all, rarely, sometimes, often to very often (Mind Tool, 2014). The first statement dealt with how confusion is handled in terms of ability to predict their causes and solutions even as the second covered the amount of information given when working with written information including memos and emails. The third and the forth statements dealt with reactions when something is not understood. The fifth and sixth dealt with perspective and perception. The issue of written information is covered in the seventh and the eighth statements; here the focus is mainly whether consideration is made to use emails to effectively communicate. It also deals with whether revision is considered when dealing with written medium such as memos and reports. Gestures and illustrations are dealt with under the ninth and tenth statements. Here it is a matter of paying attention to peopleââ¬â¢s body language and use of diagrams and charts to express thoughts. The next three statements dealt with meditation before communication, what the person being
Saturday, August 24, 2019
Space and Place Assignment Example | Topics and Well Written Essays - 500 words - 1
Space and Place - Assignment Example However, the visit was different as we had to travel to China for the amazing experience. I was excited about this trip as it would give me an opportunity to experience a skywalk or a glass trail that was elevated at four thousand seven hundred feet above sea level. I had imagined a similar experience to that of the Grand Canyon skywalk, but the walk on the glass trail was fascinating, breathtaking and frightening at the same time. Every step that I took on the breathtaking glass walkway reminded me that my life was held by three inches of glass suspended over hundreds of metres from the bottom of the mountain. This trail was unique in that it excited and scared me, therefore, captivated all my senses at the same time. It is one of the greatest places that I have ever visited and it created a lasting impression on my mind. The glass trail is located high on the Tianmen Mountain in the Hunan province of mainland China. The area is famous with tourists for its beautiful national parks, mountain sceneries, the Chinese culture and a wide range of animal and plant species. In order to access the glass walkway, one has to use cable cars provided at the bottom of the mountain. Tianmen Mountain has the longest passenger cableway that allows the rider to get a clear complete view of the beautiful landscape, valleys and the vegetation around the area. The high elevation of the mountain leaves a lasting impression on an individualââ¬â¢s mind as one travels in the cable car (Darrall). The two hundred feet glass walkway is built on a cliff on the Tianmen Mountain. It is three feet wide and has a steel rail on the open side protecting the site observers from toppling over. Watching the view of the landscape from the skywalk is breathtaking as it provides a different panorama of the mountain. It provides a clear view of the moist, misty landscape. The roads, the rivers and other physical features seem minute from this view and
Friday, August 23, 2019
Does Media Violence actually cause people to Commit Violent Acts Essay
Does Media Violence actually cause people to Commit Violent Acts - Essay Example à Studies disclose that children watch roughly twenty eight hours of television a week (Tompkins). Adolescents and children in America are open to the elements of mounting levels of media violence, particularly in video games, movies, television and youth-oriented music. On average, a young individual would have watched 200,000 scenes of violence on television by the age of 18 (Huesmann, Moise-Titus and Podolski, 207). Many of the studies that claim positive results concerning a link between media violence and ensuing aggression, actually have negative or inconclusive results. Media violence researches frequently fail to report for other variables such as heredity traits, personality and introduction to family violence that may explain both the reason some people become violent and why they may decide to expose themselves to violent media. In more recent years, violence has become the most popular form of entertainment. Most fictional programs on television and scenes depicted in m ost games need this violence to develop a storyline that would be interesting and captivating to most viewers. The violence is far more graphic and disturbing than in the past (Tompkins, 52). Many argue that media violence is at least partly to blame for the school shootings in Littleton, Colorado, Taber, Alberta and Erfurt, Germany. à Proponents of the idea that violence depicted on both television and video games affects the behavior of children state that, contrary to other beliefs, these scenes teach a higher sense of the justification of the use of violence in different situations (Tompkins, 50). It teaches that violence is a correct avenue to solve differences, which is not an acceptable action within real life situations. The classic setting of using violence for a virtuous cause may interpret in daily life into a validation for using violence to even the score against supposed victimizers. Consequently, defenseless youth who have been maltreated may be tempted to use aggr essive means to resolve problems. The hero in most of these scenes also teaches them that violence has no consequences because he/she never gets in trouble for their actions. Most psychologists agree that experiences teach children during their early years and have a longstanding effect on their lives. Toddlers between the ages of eighteen to sixteen months are intelligent enough to comprehend the significance of the programs (Tompkins, 48) that they watch and respond in the same manner to both actual and acted violence since their link between dream and actuality is still not strong. Furthermore, toddlers between the ages of three and five years are engrossed by extremely dramatic scenes, which in todayââ¬â¢s viewing, is mostly violence. Additionally, children who are in elementary schools believe that TV reflects real life and will become more active in displaying hostile conduct after watching violent scenes because they have been learning form a young age through watching and imitating what they see their through the violent acts of supposed movie heroes (Malamuth and Check, 436). Children who observe the aggressive shows, even hilarious cartoons, were more apt to hit their playmates, quarrel, refuse to comply with class rules, leave tasks
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