Amidst stiff resistance from most actors, the Indian government Essay

Amidst stiff resistance from most actors, the Indian government approved Foreign Direct Investment in retail last year. Discuss how this will impact the development in the country - Essay Example well as implementation of pioneering technological advancements and internationalisation have compelled the respective governments of dissimilar nations to formulate along with execute effectual policies for progressing the economies (Hirst et al., 2009). With regard to this aspect, it has been viewed that the government of India felt the urgent need of progressing its economy through approving Foreign Direct Investment (FDI) in recent years particularly in the retail sector. By taking into consideration the aforementioned decisive factors, the government of India has decided to implement such a significant approach with the sole motive of developing its economy at large. In this similar concern, the Indian government previously adopted this significant approach but failed to implement owing to the reason of facing stiff resistance from both the allies and the opposition parties by a greater level. The government strongly believes that the introduction and the implementation of this important approach i.e. FDI would certainly help in advancing Indian economy by a significant extent (Nexia International, n.d.). FDI is fundamentally regarded as an invaluable source of private capital especially for developing nations which plays a decisive role in making deliberate efforts towards both national along with international development. Generally, FDI is typically described as a cross-border investment which is made by an organisation based in one particular nation into a business entity based in another country with the motive of strengthening its financial position by a greater level (Peng, 2009). The approach of FDI is principally regarded to be an imperative tool for the financial development of any particular nation through standardising advanced technologies, effectively utilising valuable resources and developing innovative techniques (Moghe, 2008). It has been apparently observed that the governments of various countries desire to adopt and execute this

Basketball as Religion in He Got Game Essay Example | Topics and Well Written Essays - 1250 words - 1

Basketball as Religion in He Got Game - Essay Example After six years since then, Jesus has worked hard to become a brilliant prospective basketball player just at the age of eighteen. Several colleges are interested in him with lucrative offers of scholarship, and making a career with the NBA also remains an option. However, the Governor wants to sign Jesus with his alma mater, the Big State. With his power and influence, he releases Jake on parole for a week. If Jake is able to convince his son Jesus to play for Big State his sentence would be drastically reduced setting him free. Otherwise, he would be sent back to jail. Now an emotional tug of war begins. Jake seeks to convince his estranged son. Martha (Lonette McKee), who is Jesus’ younger sister, wants a better life and suggests his brother to look for more profitable opportunities. Jesus’ girlfriend, Lala (Rosario Dawson) plays a double dealing role in the complex environment with a ‘not so innocent’ approach. The characters like Jesus’ uncle, a unt, coach, etc. appear as both selfish and empathetic in the course of the drama. As Jake returns to his family, Jesus has to confront him and go through emotional ups and downs. On the other hand, he faces the contradictions, glamour, challenges, and dark realities of the multi-billion dollar basketball sports industry of America. At times, he is at the dilemma of horns, but the young athlete is a good-natured son who ultimately seeks reunion and peace with his lonely and troubled father. Basketball craze is a huge factor in the sports culture of American life. It has emerged as a multi-billion dollar business in the American sports industry. Almost all the resourceful and reputed colleges of the country are rivaling each other in order to leave a mark in the various basketball leagues. This helps them to levy high amounts of profits. On the other hand, there is the celebrated NBA, where several