An Argument for Abortion :: essays research papers

Pro-Abortion over Pro-life An unborn child doesn’t have a soul   Ã‚  Ã‚  Ã‚  Ã‚  A sixteen year old walks down a nameless back alley on the mainland, one of only a million others, and she carries with her an unborn child of 4 months. She had tried to hide it but the signs were finally showing, â€Å"Who was the father† were the cries and pleas of those whom she loved. She was raped a year ago by her ex-boyfriend and now carries their unwanted child. Should she be forced to carry and care for the child she hadn’t planned for? Should she be forced to love a child who will for her every waking moment remind her of the night her rights were stripped from her? Should she not have the choice to safely abort her unwanted child instead of resorting to a back alley where she may endanger her own life? Sadly this kind of a story was a reality for thousands of teen’s worldwide, but not only teens suffer from this fate. Women of all kinds have to suffer the choices and consequences that they must make, but should they not have a choic e to abort their unwanted children instead of resorting to the back alley scenes of coat hangers and illegitimate drugs?   Ã‚  Ã‚  Ã‚  Ã‚  Many will argue firstly that it is against religion and faith to kill a child, to destroy a soul, especially one so pure as an unborn baby’s. See thou that’s just the thing. It’s an UNborn baby a.k.a. not a human a.k.a. it doesn’t HAVE a soul! So you wouldn’t be killing anything, just a fetus that has in it potential to become a human being, potential to become a living being. But that’s all it is, potential. It’s like trying to argue that liposuction should be illegal because your killing fat that has potential to grow parasites and bacteria.   Ã‚  Ã‚  Ã‚  Ã‚  Another topic that I feel needs to be discussed is unwanted pregnancies. Not in the sense where oops the condom slipped or ooh I thought pulling out worked. Because honestly those people should in my opinion be held responsible for their actions. What I am talking about is rapes and mothers who would die if they were to conceive a child because of birth complications. Should they be outlawed from safe abortions? And if not then how would you write a law that would support only them? I’m sure you will agree that there are certain people who should be eligible candidates for abortions but there is no solid way to filter those telling the truth from those who are just fibbing so staying legal for now seems to be the only thing to do right? An Argument for Abortion :: essays research papers Pro-Abortion over Pro-life An unborn child doesn’t have a soul   Ã‚  Ã‚  Ã‚  Ã‚  A sixteen year old walks down a nameless back alley on the mainland, one of only a million others, and she carries with her an unborn child of 4 months. She had tried to hide it but the signs were finally showing, â€Å"Who was the father† were the cries and pleas of those whom she loved. She was raped a year ago by her ex-boyfriend and now carries their unwanted child. Should she be forced to carry and care for the child she hadn’t planned for? Should she be forced to love a child who will for her every waking moment remind her of the night her rights were stripped from her? Should she not have the choice to safely abort her unwanted child instead of resorting to a back alley where she may endanger her own life? Sadly this kind of a story was a reality for thousands of teen’s worldwide, but not only teens suffer from this fate. Women of all kinds have to suffer the choices and consequences that they must make, but should they not have a choic e to abort their unwanted children instead of resorting to the back alley scenes of coat hangers and illegitimate drugs?   Ã‚  Ã‚  Ã‚  Ã‚  Many will argue firstly that it is against religion and faith to kill a child, to destroy a soul, especially one so pure as an unborn baby’s. See thou that’s just the thing. It’s an UNborn baby a.k.a. not a human a.k.a. it doesn’t HAVE a soul! So you wouldn’t be killing anything, just a fetus that has in it potential to become a human being, potential to become a living being. But that’s all it is, potential. It’s like trying to argue that liposuction should be illegal because your killing fat that has potential to grow parasites and bacteria.   Ã‚  Ã‚  Ã‚  Ã‚  Another topic that I feel needs to be discussed is unwanted pregnancies. Not in the sense where oops the condom slipped or ooh I thought pulling out worked. Because honestly those people should in my opinion be held responsible for their actions. What I am talking about is rapes and mothers who would die if they were to conceive a child because of birth complications. Should they be outlawed from safe abortions? And if not then how would you write a law that would support only them? I’m sure you will agree that there are certain people who should be eligible candidates for abortions but there is no solid way to filter those telling the truth from those who are just fibbing so staying legal for now seems to be the only thing to do right?

The Great Gatsby and the American Dream :: Literary Analysis, F. Scott Fitzgerald

F. Scott Fitzgerald’s, The Great Gatsby depicts the 1920’s Jazz Age, and how society operates under the influence of the American Dream. Society during this time period consists of huge hopes and dreams for improvement of the self. In The Great Gatsby, the American Dream hides behind a mirage of beauty and splendor, buy in reality the corruption and illusions within this dream entice Americans to become drawn into its web of lies, deceit, and greed. In The Great Gatsby, F. Scott Fitzgerald strongly criticizes the American Dream (Seschachari 1). Fitzgerald shows readers the American Dream in this time period is centered on romanticism, material items, youth, and an emergence of selfishness (Seschachari 2). People value tangible items over strong moral values. A life of extravagance, however, does not always come without repercussions. People in this society live in a pretend world of beauty, but in reality the American Dream is a defective illusion. In the American Dream, equality is an impossible feat and even though Americans have an abundance of opportunities, people will always be suppressed from true achievement (Hearne 191). Meyer Wolfshiem, a corrupt business man, represents how disillusioned the American Dream is. His mannerisms reek of brutality, yet he sits pleasantly in a restaurant while exchanging pleasantries with Jay Gatsby and Nick Carraway (Hearne 192). Fitzgerald writes, â€Å"A small, flat-nosed Jew raised his large head and regarded me with two fine growths of hair which luxuriated in either nostril. After a moment I discovered his tiny eyes in the half-darkness† (Fitzgerald 69). (Check how to quote) Also, Wolfsheim boasts his cuff buttons are actual human molars; nevertheless, Wolfshiem is regarded by Jay Gatsby as a pleasant gentlemen. This demonstrates the faà §ade of brutality that Wolfshiem portrays. Wolfshiem ultimately represents corruption in the American Dream (Hearne 192). Fitzgerald’s ultimate goal in writing The Great Gatsby is to shed light on the illusions in the American Dream to the people of America (Hearne 189). If Americans are better informed about the American Dream, they are less likely to fall subject to its evils. (Add too or move) Jay Gatsby, in particular, becomes a strangely unique character in The Great Gatsby. Even though Jay Gatsby strives for the best material items, he does not strive for these items in hopes of attaining any type of dream except a romantic one (Seshachari 2).

Customer value proposition Essay

Customer value proposition† has become one of the most widely used terms in business markets in recent years. Yet our management-practice research reveals that there is no agreement as to what constitutes a customer value proposition—or what makes one persuasive. Moreover, we find that most value propositions make claims of savings and benefits to the customer without backing them up. An offering may actually provide superior value—but if the supplier doesn’t demonstrate and document that claim, a customer manager will likely dismiss it as marketing puffery. Customer managers, increasingly held accountable for reducing costs, don’t have the luxury of simply believing suppliers’ assertions. Customer managers, increasingly held accountable for reducing costs, don’t have the luxury of simply believing suppliers’ assertions. Take the case of a company that makes integrated circuits (ICs). It hoped to supply 5 million units to an electronic device manufacturer for its next-generation product. In the course of negotiations, the supplier’s salesperson learned that he was competing against a company whose price was 10 cents lower per unit. The customer asked each salesperson why his company’s offering was superior. This salesperson based his value proposition on the service that he, personally, would provide. Unbeknownst to the salesperson, the customer had built a customer value model, which found that the company’s offering, though 10 cents higher in price per IC, was actually worth 15.9 cents more. The electronics engineer who was leading the development project had recommended that the purchasing manager buy those ICs, even at the higher price. The service was, indeed, worth something in the model—but just 0.2 cents! Unfortunately, the salesperson had overlooked the two elements of his company’s IC offering that were most valuable to the customer, evidently unaware how much they were worth to that customer and, objectively, how superior they made his company’s offering to that of the competitor. Not surprisingly, when push came to shove, perhaps suspecting that his service was not worth the difference in price, the salesperson offered a 10-cent price concession to win the business—consequently leaving at least a half million dollars on the table. Some managers view the customer value proposition as a form of spin their marketing departments develop for advertising and promotional copy. This shortsighted view neglects the very real contribution of value propositions to superior business performance. Properly constructed, they force companies to rigorously focus on what their offerings are really worth to their customers. Once companies become disciplined about understanding customers, they can make smarter choices about where to allocate scarce company resources in developing new offerings. We conducted management-practice research over the past two years in Europe and the United States to understand what constitutes a customer value proposition and what makes one persuasive to customers. One striking discovery is that it is exceptionally difficult to find examples of value propositions that resonate with customers. Here, drawing on the best practices of a handful of suppliers in business markets, we present a systematic approach for developing value propositions that are meaningful to target customers and that focus suppliers’ efforts on creating superior value. Three Kinds of Value Propositions We have classified the ways that suppliers use the term â€Å"value proposition† into three types: all benefits, favorable points of difference, and resonating focus. (See the exhibit â€Å"Which Alternative Conveys Value to Customers?†) Which Alternative Conveys Value to Customers? Suppliers use the term â€Å"value proposition† three different ways. Most managers simply list all the benefits they believe that their offering might deliver to target customers. The more they can think of, the better. Some managers do recognize that the customer has an alternative, but they often make the mistake of assuming that favorable points of difference must be valuable for the customer. Best-practice suppliers base their value proposition on the few elements that matter most to target customers, demonstrate the value of this superior performance, and communicate it in a way that conveys a sophisticated understanding of the customer’s business priorities. All benefits. Our research indicates that most managers, when asked to construct a customer value proposition, simply list all the benefits they believe that their offering might deliver to target customers. The more they can think of, the better. This approach requires the least knowledge about customers and competitors and, thus, the least amount of work to construct. However, its relative simplicity has a major potential drawback: benefit assertion. Managers may claim advantages for features that actually provide no benefit to target customers. Such was the case with a company that sold high-performance gas chromatographs to R&D laboratories in large companies, universities, and government agencies in the Benelux countries. One feature of a particular chromatograph allowed R&D lab customers to maintain a high degree of sample integrity. Seeking growth, the company began to market the most basic model of this chromatograph to a new segment: commercial laboratories. In initial meetings with prospective customers, the firm’s salespeople touted the benefits of maintaining sample integrity. Their prospects scoffed at this benefit assertion, stating that they routinely tested soil and water samples, for which maintaining sample integrity was not a concern. The supplier was taken aback and forced to rethink its value proposition.

Death penalty Essay

Today I want to inform you about a very, very serious topic. This topic deals with live and death. I want to give you my personal opinion as well as some basic facts against the death penalty in the USA that is still used as a normal punishment for murderers in many states – for example Ohio. I think the death penalty is a very cruel, violent and in human way to punish a person. For me it seems more as a revenge than doing justice.  It is not morally or religious excusable to take away someone’s life – no matter what he or she did. Every one of you, who is Christian or maybe belongs to another religion is actually supposed to be AGAINST the death penalty – just like me – as it is a clear violation against the commandments in the bible. The 6. Rule says: Do not Murder. Also, I really cannot understand, how the government can still enforce the death penalty, while it should actually have the responsibility to protect the society. By trying to judge what the right action is and thereby deciding about live or death of a human being, the government plays god. NOONE is able to be so sure and know what was and is right or wrong – and there is always -always – a chance that the person who is going to die is actually innocent. By using death as punishment the government also impinges upon its own human rights: Article 3 of the human rights, established by the United Nations and signed by the USA says: Every human being has the right of live, of freedom, and of personal safety. In my opinion the state should make better provisions against daily murders, rather than doing revenge afterwards. Furthermore, so far, no studies could ever prove that the death penalty is scaring the people enough not to commit crimes. In fact, there are even many states WITH death penalty that have less murders than states where it still exists. – if you want to commit a crime – f. ex. Terrorists Neither has any study ever proved that persons who are guilty of murder will kill again. So, the death penalty is pointless and make no sense. The committer has no chance to rethink, probably regret his action, and start a better life in the future. Don’t you think like me? I can really not understand how there can be so much violence in this world, when it is sometimes so easy to prevent it. Help make this world more fair. Be against the death penalty

Statement of Purpose Santosh G Vattam MS

Statement of purpose Santosh G Vattam MS, Embedded Systems (CIS), May 2012 Research Interest I am a Master of Science and Engineering student majoring in Embedded Systems from University of Pennsylvania, graduating in May 2012. I am interested in embedded systems modeling and model based code generation. This interest has developed thanks to my research project with Prof. Insup Lee as well as the Embedded and Cyber Physical Systems and the Principles of Embedded Computation courses I took at Penn with Prof. Insup Lee and Prof. Rajeev Alur respectively.The Embedded and CPS course involved modeling and implementation of a pacemaker, while the Principles of Embedded Computation course provided the much needed theoritical foundation for developing embedded system models and verifying and validating thus developed models. Research projects In Jan 2011, I started working on the Medical Device Dongle(MDD) Project with Prof. Insup Lee. The idea was to make patient monitoring, patient centric rather than device centric by developing a standards-based interface for medical device interoperability.We decided to use the existing device interoperability standard – IEEE11073-PHD with slight modications. I implemented the rst prototype of the IEEE11073 Manager and Agent state machines. We later encountered the problem of providing a medium for using the services of the MDD and thus we designed and implemented an interface to sit on top of the MDD. We have since presented our work at the Wireless Health Conference 2011, San Diego, CA and at Embedded Software Week Android competition, Taipei, Taiwan. We shall also be presenting at the International Health Informatics Symposium, Miami, FL in Jan 2012.Prior to this, I have worked on the Coverage Analysis of RTEMS(Real Time Executive for Multiprocessor Systems) as part of Google Summer of Code 2009 and mentored another student in 2010 for the same project. This project was my rst step into the embedded world. I wrote tes t cases to validate that every single line of object code generated was executed. I worked on the RTEMS-core codebase and in 2010 I mentored a student to work on the extended codebase. Research focus I would like to focus my research on model based code generation and validating the conformation of code to the model on which it was based.This is a problem that I have come across while working on the MDD project. We have based our design on the IEEE11073 architecture but there are no open implementations of it through which we can verify our implementation. There are certain validation tools but these just analyze the packet structure of the 11073 packets but not the ow of these packets within the network of devices. I am partly tackling this problem through my Masters thesis by writing test cases to validate the exchange of the right packets. This method, however, does not provide insight into the internal state ow of the code. I would like to study, n depth, the ways of validating code to the state model. I believe that by pursuing a PhD I shall not only gain the necessary skill set to tackle this problem, but also the insight of looking at unstructured data and obtaining structured information from it. Prof Insup Lee and his team at the PRECISE Center work on model based design and validation in the medical device domain. I have been working with Prof. Insup Lee and his team for close to a year now on the MDD project. I believe that the environment and the expertise at the PRECISE Center will provide me with the encouragement and the academic stimulus to excel at my research. Statement of Purpose Santosh G Vattam MS Statement of purpose Santosh G Vattam MS, Embedded Systems (CIS), May 2012 Research Interest I am a Master of Science and Engineering student majoring in Embedded Systems from University of Pennsylvania, graduating in May 2012. I am interested in embedded systems modeling and model based code generation. This interest has developed thanks to my research project with Prof. Insup Lee as well as the Embedded and Cyber Physical Systems and the Principles of Embedded Computation courses I took at Penn with Prof. Insup Lee and Prof. Rajeev Alur respectively.The Embedded and CPS course involved modeling and implementation of a pacemaker, while the Principles of Embedded Computation course provided the much needed theoritical foundation for developing embedded system models and verifying and validating thus developed models. Research projects In Jan 2011, I started working on the Medical Device Dongle(MDD) Project with Prof. Insup Lee. The idea was to make patient monitoring, patient centric rather than device centric by developing a standards-based interface for medical device interoperability.We decided to use the existing device interoperability standard – IEEE11073-PHD with slight modications. I implemented the rst prototype of the IEEE11073 Manager and Agent state machines. We later encountered the problem of providing a medium for using the services of the MDD and thus we designed and implemented an interface to sit on top of the MDD. We have since presented our work at the Wireless Health Conference 2011, San Diego, CA and at Embedded Software Week Android competition, Taipei, Taiwan. We shall also be presenting at the International Health Informatics Symposium, Miami, FL in Jan 2012.Prior to this, I have worked on the Coverage Analysis of RTEMS(Real Time Executive for Multiprocessor Systems) as part of Google Summer of Code 2009 and mentored another student in 2010 for the same project. This project was my rst step into the embedded world. I wrote tes t cases to validate that every single line of object code generated was executed. I worked on the RTEMS-core codebase and in 2010 I mentored a student to work on the extended codebase. Research focus I would like to focus my research on model based code generation and validating the conformation of code to the model on which it was based.This is a problem that I have come across while working on the MDD project. We have based our design on the IEEE11073 architecture but there are no open implementations of it through which we can verify our implementation. There are certain validation tools but these just analyze the packet structure of the 11073 packets but not the ow of these packets within the network of devices. I am partly tackling this problem through my Masters thesis by writing test cases to validate the exchange of the right packets. This method, however, does not provide insight into the internal state ow of the code. I would like to study, n depth, the ways of validating code to the state model. I believe that by pursuing a PhD I shall not only gain the necessary skill set to tackle this problem, but also the insight of looking at unstructured data and obtaining structured information from it. Prof Insup Lee and his team at the PRECISE Center work on model based design and validation in the medical device domain. I have been working with Prof. Insup Lee and his team for close to a year now on the MDD project. I believe that the environment and the expertise at the PRECISE Center will provide me with the encouragement and the academic stimulus to excel at my research.

Children Today Essay

There are many factors which lead to the way children act today. The way a child is raised, is a reflection of the lack of respect which an adolescent embraces for their elders. Over time, generations of human beings have become more reliant on technology. This has made mankind lazy and uncultured, causing a reflection on our children. Also, there have been many laws which were set against structure in a child’s life. Whether the child is at home, school, or with a care giver such as a â€Å"babysitter†, there are limits to how a child can be disciplined. However, when a child has a lack of authoritative parents, it often times produces the young one’s disrespect for others. The powerful painting by Banksy entitled, Girl Patting Down Army Soldier, demonstrates role reversal between child and adult. The image clearly illustrates a young girl in a pink dress and pig-tails, patting down a strong, fierce soldier. Soldiers represent power and authority, and this littl e girl is taking over that roll. This, to an extent, is the way our generation of children are becoming. They believe they are equals with adults in this world. They do this by bossing their parents around, and disrespecting them day after day. The way our world uses technology is only part of the reason why our children are so ignorant today. In the past, parents would send their children outside to get their pride and joy out of their hair and to have some fresh air. Presently, they set their child in front of a television to watch a show or play a video game. Due to the fact that most parents do not monitor every show or game their child takes part of, many children begin learning how to act by observing what is on the television screen in front of them. The television show entitled, Toddlers and Tiaras, is a prime example of these types of shows. Here, children of various ages dress as though they are twenty years old, yet act the total opposite. Kids which are two and three yeas old talk back to their parents and constantly role their eyes at the people they love. There are also multiple children hitting their competition and parents when they do not get what they want. When any child watches this type of show, they often times will begin to mirror the negative behavior. In fact, according to Illinois State Medical Society’s  experiment entitled, Monkey See Monkey Do, â€Å"In a matter of seconds, most children can mimic a movie or TV character, sing an advertising jingle or give other examples of what they have learned from watching media. These examples may include naming a popular brand of beer, striking a â€Å"sexy† pose, acting impolitely, or play fighting. Children only have to put a movie into the DVD player, flip through the channels, open a magazine, click on a web site, pop a video game into an X-Box or watch television to experience all kinds of messages. The impact of these messages can build slowly when children see and hear them over and over again.† Our youth today does not understand what is real and what is not on the T.V. If kids do not have guidance from their parents, they will most likely begin transforming into impolite little people. Therefore, parents need to not place their child in front of the television, but rather spend more time with them. Many kid’s care givers are also beginning to spend more time with their technology instead of their child. This is beginning to cause children to act up due to the fact they feel they are getting no attention. An article on The Washington Post entitled, Parents are ignoring their children for their Blackberry, stated, â€Å"If you’re taking [parental attention] away from the child, for what looks like it is not a good reason, kids might think, ‘What am I doing wrong that my parents don’t like me?’ and may start acting out to get their parents’ attention because they have a hard time distinguishing positive from negative attention.† Although parents do not mean to push their child away and make them feel as though they are less important than their phone, they are. This is why our generation of kids are beginning to throw tantrums and are becoming more impolite. The laws which have been set against a child’s punishment have changed tremendously over the past fifty years. This is a large factor of why our children have become so disrespectful to the people around them. In the past, teachers had the right to inflict corporal punishments on children. This is a form of discipline which ended around 1989 in Oregon. According to American Academy of Child and Adolescent Psychiatry, corporal punishment is a method which a, â€Å"Supervising adult deliberately inflicts pain upon a child in response to a child’s unacceptable behavior.† The purpose for this  type of punishment was to try to prevent non-tolerated actions to reoccur. It was meant to change their long-term behaviors and to show the child what was and was not acceptable. In current times, children can not be touched in any physical matter from any one other than their parent or guardian. This is because it is now illegal to physically harm kids. This law has led some children to understand they can get away with excessive amounts of negative behaviors due to the fact there are less ramifications that follow their unfavorable actions. Because of these laws, kids can not be disciplined to any amount which the state would find excessive. Therefor, when these kids become disrespectful, there is no possible way for the children to be disciplined by any teacher or caregiver. The law of non corporal punishment has effected our children to a point because they cannot be punished for their actions, making them more disrespectful. There are many parents who hold a lack of authority. This is part of what is producing our youth’s disrespect for others. An authoritative parent is someone who expects a lot from their child. They also have strict rules which they predict will be followed at all times. These parents are also a large part of child rearing. According to ChildRearingMatters.com, â€Å"The aim is always to bring?out?the best in each child, and to prevent and overcome difficulties.† In other words, parenting. When a child’s parents lack this, their children in most cases, end up running the house. These children think they are their own parent. When this occurs, the adolescent ends up pushing their own parents around as well as the others around them. Many children today are becoming unexceptionably disrespectful to their elders and others around them. This is due to the way they are raised and brought up since birth. There are three main aspects which have created this issue which is occurring now. These include the number of parents relying on technology, the laws which protect children from any form of physical discipline, and the lack of authoritative parents which these children have. If the way our children are raised never changes, the issue of disrespect towards others is only going to worsen. Having respect for other is a large aspect of life. If children can not learn how to respect others, how are they supposed to respect themselves?

Fdi in Automobile Sector in India Essay

EXECUTIVE SUMMARY The study aims at providing the overall view of the Foreign Direct Investment into India, its classifications, trends and importance of FDI in pre and post reform era. Wherein, the post economic reform shows an increase in the growth of FDI.It emphasises on the importance of FDI in retail sector.country – wise FDI inflows into the country are carefully observed in order to arrive at appropriate conclusions in order to understand the trend of FDI inflows into Indian economy. Literature review involves the analysis of various articles and research papers which were done on the similar lines of study to get an insight of the FDI and its performance in various sectors and also to understand the research gap of the study. The articles and the research papers reviewed talks about the importance of FDI in retail sector. They also give a comparitive study of FDI in India with China which is helpful in making comparisons about the inflow of FDI from various countries indicating the financial stability of the country which is the main reason in attracting the foreign investors. In many articles, factors affecting the inflow of FDI in different countries for better understanding of the aspects which are preventing the growth of FDI. Research design gives a brief summary about the over all research carried out. It defines the problem and states the importance of FDI in India in various sectors referring to the country‟s economic growth.A brief description of research methodology talks about the type of data collected, its sources and various statistical tools used in analysis. Limitations are some of the factors affecting the study which are also discussed. Research design is then followed by the Analysis and interpretation of the data collected. Theoretical analysis of various determinants of FDI in India is made in order to understand the effects of determinants in the inflows of FDI in India. St Joseph‟s College Of Commerce A study on the foreign direct investment in India with reference to retail sector Trend analysis is used to forecast the FDI inflows from 2011 to 2016 with the data available from 2006 to 2010. The third objective being to study the recent trends in FDI in retail sector, various articles from newspaper and journal is been analyzed to understand the advantages and dis advantages of allowing FDI in multi brand retail sector. Findings mainly reveal the facts which are arrived at from the study it includes the trend analysis of retail FDI from 2006 to 2010, the forecasted retail FDI had a positive trend which shows that there will be a increase in FDI inflows in to India in coming years. Theoretical analysis of determinants of FDI help us to understand determinants of FDI in Indian context. In another theoretical study to learn the recent trends in FDI in India it was found that it had both positive as well as negative impact on the economy like unemployment, high prices monopoly of foreign retailers etc. St Joseph‟s College Of Commerce A study on the foreign direct investment in India with reference to retail sector 1.1 INTRODUCTION Foreign Direct Investment, or FDI, is a type of investment that involves the injection of foreign funds into an enterprise that operates in a different country of origin from the investor. Investors are granted management and voting rights if the level of ownership is greater than or equal to 10% of ordinary shares. Shares ownership amounting to less than the stated amount is termed portfolio investment and is not categorized as FDI. (Source: Economic watch) FDI does not include foreign investments in stock markets. Instead, FDI refers more specifically to the investment of foreign assets into domestic goods and services. Classifications of Foreign Direct Investment FDIs can be classified as; Inward FDI and Outward FDI, depending on the direction of flow of money. Inward FDI occurs when foreign capital is invested in local resources. The factors propelling the growth of inward FDI include tax breaks, low interest rates and grants. Outward FDI, also referred to as â€Å"direct investment abroad†, it means firms in the country expand their business to other countries in the form of green field investments, mergers or acquisition etc. The host country aspires to receive FDI inflows because of the potential benefits, that the FDI supplements the domestic savings of a nation. Other benefits include access to superior international technologies, exposure to better management and accounting practices, and improved corporate governance. On the other side, foreign investors are motivated by profits and access to natural resources available in the host country. Therefore, large and growing domestic markets are likely to receive more FDI. Countries with abundant natural resources such as mines, oil reserves and manpower attract the foreign investors to invest in that country. A study on the foreign direct investment in India with reference to retail sector 1.2 AN OVERALL VIEW OF FDI IN INDIA The history of FDI in India was located with the establishment of East India Company by the British in 1612. Initially the investment came in the form of loans to government, railway companies and agro based industries like cotton and jute, public utilities engaged in plantation of tea and coffee. During this period there were no efforts to provide economic and financial  infrastructure to the industries therefore the foreign investors had hardly any incentive in manufacturing in India other than creating a raw material base. After the First World War, India granted protection to the dawning industries, this profitability of these industries attracted more foreign capital. The inflow of British capital which wasUSD15 million in 1913-14, increased toUSD29 in 1921 andUSD36 million in 1922. In the middle of the two world wars, the investment flowed into a number of consumer industries like cigarettes, matches, rubber, tyres, paints, chemical industries, paper, cement, textile, sugar etc. During the Second World War government established new industries to replace imports as well as to support war efforts. It was during this period that the foreign investment had diversified into engineering industries, chemical industry and oil industry for defense purpose. By 1948 the foreign private investment in India amounted to Rs 2.5 billion. Of which 21 percent was in the manufacturing industries, 16 percent in plantation, 4percent in mining, 27 percent in trading and 14 percent in banking. India‟s foreign investment policy was first initiated in 1949. The guiding principles of the policy were: All undertakings Indian or foreign had to conform to the general requirements of the governments industrial policy. Foreign enterprises would be treated in par with Indian enterprises. Foreign enterprises would have freedom to remit the profits to home country, subject to foreign exchange considerations. If foreign company were compulsorily acquired, compensation would be paid on  a fair and equitable basis; and A study on the foreign direct investment in India with reference to retail sector As a rule, the major interest, ownership and effective control of an undertaking should be in hands of India. The above policy was to govern the entry of fresh foreign investments into India in future, but it was silent on regulation of existing foreign private investment in Indian industry. It was only in 1973 that legislative measures were taken to cope up with the problem posed by the existing foreign owned companies. This was done by amending the foreign exchange regulation act (FERA), in 1973 which regulated the entry and channelised the growth of existing foreign investment into the country. (Abraham, 1988) The government felt the need of FDI after independence not only to provide adequate capital but also to gain scientific, technical and industrial know how. The industrial policy of 1965 allowed MNCs to venture in India. However the country faced two main problems in the form of foreign exchange and financial resources mobilization during the second five year plan (1956 -61). Thus to overcome this problem adopted the policy of frequent equity participation to foreign enterprises and to accept equity capital in technical collaborations. The government also provided many incentives such as tax concessions, simplification of licensing procedure and de reserving some industries such as drugs, aluminum, heavy electricals, fertilizers etc. in order to improve FDI inflows into the country. This called forth investments from US, Japan, Germany and other countries  into India. This eventually led to significant outflow of foreign reserves in the form of dividends, profits etc, and the government had to adopt stringent foreign policy in 1970s to overcome this situation. During this period the government adopted a selective and highly restrictive foreign policy as far as foreign capital, type of FDI and ownerships of foreign companies was concerned. Government setup Foreign Investment Board and enacted Foreign Exchange Regulation Act in order to regulate flow of foreign capital and FDI A study on the foreign direct investment in India with reference to retail sector  flow to India. In 1980s the government had to make necessary changes in the foreign policy due to the Continuous rise in oil prices, low exports and deterioration in Balance of Payment position. The government encouraged FDI in MNCs thus resulting in partial liberalization of the Indian economy. It is during this period the government encourages FDI, allow MNCs to operate in India. Thus, results in partial liberalization of Indian economy. The government introduces reforms in the industrial sector, aimed at increasing competency, efficiency and growth in industry through a stable, pragmatic and non-discriminatory policy for FDI flow. In the early nineties, Indian economy faced severe Balance of payment crisis. Exports began to sink. There was a marked increase in petroleum prices because of the gulf war. The external debts and low foreign exchange reserves for were disabling the economic development of the country. The outflow of foreign currency which was deposited by the Indian NRI‟s gave a further jolt to Indian economy. The overall Balance of Payment reached at Rs.-4471 crores. Inflation reached at its highest level of 13%. Foreign reserves of the country stood at Rs.11416 crores. The continued political uncertainty in the country during this period adds further to worsen the situation. As a result, India‟s credit rating fell in the international  market for both short- term and long-term borrowing. All these developments put the economy at that time on the verge of default in respect of external payments liability. In this critical face of Indian economy the then finance Minister of India Dr. Manmohan Singh with the help of World Bank and IMF introduced the macro – economic stabilization and structural adjustment program. As a result of these reforms India open its door to FDI inflows and adopted a more liberal foreign policy in order to restore the confidence of foreign investors. Under this new foreign investment policy Government of India constituted FIPB (Foreign Investment Promotion Board) whose main function was to invite A study on the foreign direct investment in India with reference to retail sector and facilitate foreign investment through single window system from the Prime Minister‟s Office. The foreign equity cap was raised to 51 percent for the existing companies. Government had allowed the use of foreign brand names for domestically produced products which was restricted earlier. India also became the member of MIGA (Multilateral Investment Guarantee Agency) for protection of foreign investments. Government lifted restrictions on the operations of MNCs by revising the FERA Act 1973. New sectors such as mining, banking, telecommunications, highway construction and management were open to foreign investors as well as to private sector.(Source: Sapna Hooda, 2011) 1.3 Trends in Foreign Direct Investment Inflow to India after economic reform  After the initiation of liberal foreign investment policy b y government of India in 1991, FDI inflow has shown an upward trend in stock sense but varied in size over the period of twenty years (1991-92 to 2010-11). FDI inflow in India increased fromUSD129 million in 1991-92 to 27024 million in  2005 in. The inflow of FDI to the country has witnessed fluctuations during the period under consideration. It increased fromUSD 129 million in 1991-92 toUSD3557 million in 1997-98, which declined toUSD2155 million in 1999-2000. It increased to a peak ofUSD6130 million in 2001-02 before declining in the subsequent years in 2002-03 and 2003-04. The inflow again increased to USD6051 million in 2004-05. There was tremendous growth till 2009-10 to USD37763 and a decline in 2010-11 to USD 27,024. The year wise FDI inflow to India along with Compounded Annual Growth Rate (CAGR) is shown in table 1. In terms of CAGR, growth rate of FDI inflow to India during the period 1991-2011, growth rate of FDI inflow to India was negative for six years (1998-99, 1999-2000, 2002-03, 2003-04, 2009-10 and 2010-11) as shown in the table.