Foreign Direct Investment Disadvantages Essay Example for Free

Foreign Direct Investment Disadvantages Essay There is a lot to be said for big retail to come to India, but we cannot simply be taken in and mimic something which is being pushed down our throats because those who make the policy appear to not have the faintest clue on how retail really works in India If there were clear answers in black and white to the question, there would really be no need for any debate on the issue, but the truth is that it is simply not that simple. On a philosophical and emotional level, the answer could be that any form of foreign participation in a domestic market is rife with dangers of the colonialism sort, but in this day and age, while the core concept of being wary of foreign dominance may still be true, the fact remains that there are plenty of ways to ensure that it works on a win-win basis for all concerned. The main problem with the current status of foreign direct investment (FDI) in retail in India is that it does not provide a level playing field to other players of the domestic and small sort. In addition, it appears to take a rather naive and simplistic view on certain aspects, which like myths being repeated, tend to become urban legends. On the other hand, no country can afford to take on an isolationist approach. To start with, it may help to go through the background and policy note on the Cabinet decision on FDI in retail, as put up on various places on the internet. Facebook, PIB) As this writer sees it, with a holistic view of the subject and not just based on jingoism of the â€Å"burn down the malls† (right view) and â€Å"bad for farmers† (left view) sort, but on rational evaluation of larger issues, there are some points which need to be straightened out. Large retail is inevitable, and that is a simple truth, but there has to be larger perspective for public good which seems to be missing from this policy. The people of India come first, including those who want a better product or service buying or selling experience, and at the end of the day i t is their wallets which will decide where they go. But at the same time, the government, with the policy as outlined above, cannot sell the baby with the bath-water, and make things worse. Some suggestions: 1) The present Agriculture Produce Market Committee (APMC) Act requires urgent revamp if we really want to help the rural and agricultural sectors with a better go to market scenario. This, along with rapid introduction of the goods and services tax (GST) as well as ease of inter- and intra-state movement of foodgrain, agri products and fresh produce, would do more to improve matters, as well as do wonders for our conomy in a variety of ways—most of all in terms of controlling prices as well as reducing storage and transit losses. 2) The policy shown above makes a case that â€Å"brands† by big FDI retailers need to be carried across borders without in any way making it clear that the quality of those brands needs to be same across borders, too. As of now we see that with these manufacturers and retailers there is on e lower quality for sale in India and there is a better quality for sale in developed countries—case in point being soft drinks, processed foods, confectionery, electronics, motor vehicles and others. If anything is by way of a different quality for India for price or other reasons, then let it be clearly marked as such. 3) Specifically in the case of packaged and processed foods, the policy does not say anything about adherence to best case scenarios in terms of labelling of ingredients and avoiding misleading marketing ploys, thereby leading to a situation where outright dangerous products are foisted on Indian consumers. The amount of product detail available for consumers in developed countries must be matched for India, too. India cannot become a vast chemistry lab for processed foods or anything else. 4) More empirical data needs to be provided on subjects like â€Å"improvement in supply chain†. India is the country where the passenger rail ticket deliveries, fresh hot cooked food by dabbawallas and diamonds as well as other precious stones by angadias have set better than global standards in supply chains, so the same standards need to be quantified and applied to those seeking 100% FDI in retail. It is not too much to ask for them to match the Indian standards—unless those who made the policy are ashamed of our prowess. ) The investments in retail by the FDI route, when they come, should come only through a short-list of recognised tax adherence countries. The misused option of FDI coming in through known or suspect tax havens needs to be blocked—firmly. Likewise, full disclosures of the strictest sort need to be made on who the investors are—again, these cannot be suitcas e corporate identities hiding behind consultants and banks in shady tax havens or other countries. Unlike what happened in, for example, airlines, Indians need to know who is investing and from where. And in case there are legal issues, then we need to know who the faces are who will go through the Indian legal system, unless those who made the policy are ashamed of our legal system. 6) The payment processing and cash management as well as tax adherence part of this industry, both in terms of procurement and sale, need to be through the Indian banking system. And by fully transparent methods, so that float as well as control remains in India at all times, as is the case in developed countries.

Men and Women in Non-Traditional Sports Essay examples -- Sports Femal

Men and Women in Non-Traditional Sports The benefits of an individual entering a non-traditional sport for his or her sex can be huge – but they are usually greater for society in general than for the athlete him/herself. Being the first person to break into a non-traditional sport would obviously be trying on the athlete, who would have to face the questioning and criticisms of media, fans, and even their fellow athletes. But one athlete’s determination and persistence can open up a whole new world to both athletes and spectators. In the early 1900s, women did not participate much in figure skating competitions, partly because of the fact that they had to wear long, movement-hindering skirts. But some women did fight to participate. Eventually, when they were allowed to change certain rules (such as the one about wearing long skirts), women proved that they could compete with men. They were permitted to participate in competitions like the National Championships and the Olympics, and soon after that, women’s figure skating became an immensely popular sport. Today, it is traditionally one of the most-watched events of the Olympic games. Similarly, the NHL’s Tampa Bay Lightning invited female hockey goaltender Manon Rheaume to training camp in 1992. She played one exhibition game against St. Louis before being sent to the minors, but the publicity surrounding her stint with the National Hockey League did wonders for women in hockey. In the 1998 Olympics, women’s ice hockey was introduced as a new sport. The victory of the US Olympic team made the sport even more popular in the United States, and it is not uncommon today to see girls alongside the boys at youth hockey practices. Desegregating a sport can also add a ne... ...orts has been great in recent years. Women of the past broke barriers in sports such as track/field and figure skating, and women of recent times have broken the gender barriers in sports like basketball and hockey. Now, having women participate in sports like figure skating is not only totally natural, but a crucial part of major competitions such as the Olympics. Similarly, the sports like basketball and hockey will soon become integrated and will gain popularity among female athletes to the same degree. On the other hand, some male athletes are fighting for equality in typically female sports. As these pioneers break down gender barriers, they make way for the athletes of the future. While there are many issues that need to be resolved when barriers are broken, hopefully soon in the future all athletes will be looked at for their ability rather than their gender. Men and Women in Non-Traditional Sports Essay examples -- Sports Femal Men and Women in Non-Traditional Sports The benefits of an individual entering a non-traditional sport for his or her sex can be huge – but they are usually greater for society in general than for the athlete him/herself. Being the first person to break into a non-traditional sport would obviously be trying on the athlete, who would have to face the questioning and criticisms of media, fans, and even their fellow athletes. But one athlete’s determination and persistence can open up a whole new world to both athletes and spectators. In the early 1900s, women did not participate much in figure skating competitions, partly because of the fact that they had to wear long, movement-hindering skirts. But some women did fight to participate. Eventually, when they were allowed to change certain rules (such as the one about wearing long skirts), women proved that they could compete with men. They were permitted to participate in competitions like the National Championships and the Olympics, and soon after that, women’s figure skating became an immensely popular sport. Today, it is traditionally one of the most-watched events of the Olympic games. Similarly, the NHL’s Tampa Bay Lightning invited female hockey goaltender Manon Rheaume to training camp in 1992. She played one exhibition game against St. Louis before being sent to the minors, but the publicity surrounding her stint with the National Hockey League did wonders for women in hockey. In the 1998 Olympics, women’s ice hockey was introduced as a new sport. The victory of the US Olympic team made the sport even more popular in the United States, and it is not uncommon today to see girls alongside the boys at youth hockey practices. Desegregating a sport can also add a ne... ...orts has been great in recent years. Women of the past broke barriers in sports such as track/field and figure skating, and women of recent times have broken the gender barriers in sports like basketball and hockey. Now, having women participate in sports like figure skating is not only totally natural, but a crucial part of major competitions such as the Olympics. Similarly, the sports like basketball and hockey will soon become integrated and will gain popularity among female athletes to the same degree. On the other hand, some male athletes are fighting for equality in typically female sports. As these pioneers break down gender barriers, they make way for the athletes of the future. While there are many issues that need to be resolved when barriers are broken, hopefully soon in the future all athletes will be looked at for their ability rather than their gender.

Macbeth William Shakespear Essay

The tragedy â€Å"Macbeth† written by William Shakespeare portrays Macbeth as a man who was once a great hero, that falls victim of his ambition for power. This ambition is induced by factors including Lady Macbeth, the witches prophecies and the guilt and remorse felt by Macbeth in regards to the deed he was to commit. These are the factors that contribute to the downfall of Macbeth. Lady Macbeth is characterized as an ambitious woman who can manipulate Macbeth easily. This is shown in (Act 1 Scene 5 line 25) when she says â€Å"That I may pour my spirits in thine ear†. She manipulates his self esteem by playing with his masculinity and his bravery. Lady Macbeth feels she does not have the strength to commit the deed herself and therefore becomes successful in altering Macbeths ambitions. She says ‘unsex me here' (Act 1 Scene 4; line 39) meaning that she could never have to position of power and rank that she pushes Macbeth to strive for. Through the laguage technique of Euphemisms, Shakespeare shows that Lady Macbeth has difficulty coping and facing reality. An example of this is the text is referring to the murder of King Duncan as ? the ‘deed'. Lady Macbeth describes the action of murdering King Duncan through the words ‘to catch the nearest way'. The use of this euphemism to describe the action of killing Duncan can be seen as though she is trying to hide the harsh imagery of blood and violence in the action of murder. This is an example of Lady Macbeth’s diminishing sense of conscientiousness. The composer also uses vulgar language to express Lady Macbeths character. She says ‘Screw your courage to the sticking place' in order to further manipulate Macbeth. Shakespeare uses the three witches to set the dark sinister tone of the play. They resemble fates, who sinisterly manipulate human lives and subsequently end them. Sakespeare creates a mysterious and ominous atmosphere, indicating that ‘Fair is foul and foul is fair’ which suggests a change of values. â€Å"And oftentimes, to win us to our harm,The instruments of darkness tell us truths. â€Å"(Act 1, Scene 3, Lines 134 & 135) The comparison of the witches to â€Å"instruments of darkness† reveals their truly foul nature. Shakespeare is implying through Banquo that the prophecies of the weird sisters will only bring about Macbeth's downfall. In addition, since Macbeth listens to the witches, he can be considered an â€Å"instrument of darkness† himself. The witches prophecies are very powerful in their manipulation of Macbeth. Through equivocation, the composer expresses the theme of appearance vs real by making the Witches prophecies appear to be a good thing to Macbeth but in reality, they trick him into damning himself. The witches speak in rhyming couplets throughout the play, which separates them from the other characters. In act 1 scene 3 the witches greet Macbeth as ‘Thane of Glamis’, ‘Thane of Cawdor’ and as ‘King of Scotland’. This prophecy leads Macbeth to genuinely think about being in control and having power. The audience views the witches as evil, having the capability of casting terrible events. However the witches cannot force Macbeth to do anything that he does not want to do. They merely revealed the future and chose to confront Macbeth at a time when he is most vulnerable, after the battle where he is feeling very proud of his achievements. Consequently, the witches certainly did have a role to play in Macbeth’s downfall, but if Macbeth had been more concerned with morality and ethics and less concerned about having power, control, and becoming king, he would have ignored the witches’ prophecy. Prior to the murder of King Duncan, Macbeth is plagued by worry and almost aborts the crime. It is in Macbeths soliloquy, where the audience is made aware of Macbeths uncertainty about whether or not he should go through with the murder. â€Å"Is this a dagger which i see before me The handle toward my hand? Come, let me clutch thee† (Act 2 Scene 1 lines 41 ; 42) This extract shows how Shakespeare explores the theme of good and evil and how Macbeth is torn between the forces of good preventing the deed, and the forces of evil which seem to be aiding him in his crime. In this scene, Macbeth also says â€Å"A dagger of the mind, a false creation Proceeding from the heat oppressed brain? †. Macbeth wonders if this vision of the dagger comes from his feverish mind. He also decides that he is imagining things. He is not able to distinguish reality from imagination. It is obvious that Macbeth would like to think that the dagger is imaginary, but the guilt he feels at the thought of committing the evil deed is enough to make him think the dagger is real. Although the murder has not yet taken place, Macbeth starts to feel guilt and remorse and is concerned of the consequences that may occur if he does murder King Duncan. His weakness is ‘valuating ambition' meaning that following the deed, Macbeth will suffer the consequences. The appearance of blood on both the hands on Macbeth and Lady Macbeth is an image that represents the guilt and fear of their brutal crime. In the use of personification, Macbeth imagines that the stones of the castle are alive and talking. His fearful imagination makes him afraid that the stones on which he walks will speak out and give him away, following the deed. Perhaps the turning point of the novel in which Macbeth kills Banquo; his loyal friend due to the paranoia felt after the deed had been committed. Shakespeare uses an aside to express how Macbeth's character begins to deteriorate. This aside is crucial because it foreshadows future events to come. â€Å"Hear not my steps, which way they walk, for fear† This text shows how the composer has used various language techniques such as commas and punctuation to break up the phrases into regular patterns, creating dramatic effect. Shakespeare also uses irony to show how it is ironic that Macbeths quest for power and happiness would leave him weak and alone. Shakespeare uses this variety of techniques to portray how insanity had finally take over Macbeth and pushed him over the edge. In conclusion, it is evident that Macbeth is an ambitious man who is corrupted by the power he gains. The key influences that induce Macbeth into a down spiral are lady Macbeth, the witches prophecies and his own feelings of guilt. In the end it is Macbeths tragic flaw, vaulting ambition, which leads to his downfall.

Capitalism Individualism and Government Essay - 1130 Words

By definition, Capitalism is an economic system controlled chiefly by individuals and private companies instead of by the government. In this system, individuals and companies own and direct most of the resources used to produce goods and services, including land and other natural resources labor, and capital. Capital includes factories and equipment and sometimes the money used in businesses (Friedman, 5). Capitalism stresses private economic decisions. People are free to decide how they will earn and spend their income. Companies may choose which goods and services to produce and how much to charge for them. They also compete with one another to sell products. Nations whose economies are based on capitalism include the United†¦show more content†¦One reason why people do not necessarily feel obligated to help others less fortunate than him or herself is because the economy focuses on individualism, which leads to greed and hoarding. Another reason why capitalism is a social justice issue is that it deprives certain people of their human rights as well as the dignity and respect that all humans deserve. As a result, we can ask ourselves, are we truly free? On Independence Day we commemorate the birth of America as a free nation. But even more than that, we commemorate the birth of Americans as free men. At a single stroke, the Declaration of Independence and its ideas set America free from England, and set Americans free from their own government. The Founding Fathers instituted Americas government to protect the freedom of its citizens, and to secure their rights to Life, Liberty and the Pursuit of Happiness. These rights were created to secure freedom of thought and action for all Americans. Freedom of thought is the freedom of an individual to use his mind: to educate and inform himself; to make his own judgments; to reach his own conclusions; to set his decisions; to hold his beliefs; to choose the whole course of his life. Freedom of action is the freedom of an individual to act on his own judgment: to pursue his/her values; to strive for his/her goals; to work and to keep the product of his/her work; to associate and trade with others; to act for the attainmentShow MoreRelatedLiberalism, By Thomas Jefferson, John Locke, And Adam Smith1707 Words   |  7 Pagesthat play a major role in its function are equal rights, individualism, and capitalism. However, are these principles necessarily perfect? This raises the question, is individual liberty necessarily a positive notion as many Americans believe, or are there flaws in the system? 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