2nd millennium Essay

1. Why do we need to study literature? * Literature is filled with ideas that need to be explored. * Literature helps us to see our world in new ways. It brings us to a deeper understanding of life. * It is important to study literature since when we begin the study of literature,we find it has always two aspects,one of the simple enjoyment and appreciation and the other of analysis and exact description. See more: Foot Binding In China essay Usually what happen when we go through literature in our classroom either by ourselves or teacher use to teach one thing matters very much and that is the importance of literature for students. The first significant thing is the artistic quality of all literature. All art is the expression of life in forms of truth and beauty or in another word which exist in this world and which remain unnoticed until bought to our attention by some sensitive human soul same like the delicate curves of the shell reflects sounds and harmonies too faint to be otherwise noticed. In the same pleasing,surprising way,all artistic work must be a kind of revelation as architecture is probably the oldest creative work of arts and yet we still have many builders but few architects,that is,men whose work in wood or stone suggests some hidden truth and beauty to the human senses. It is a prevalent opinion that literature is like all arts is mere play of imagination,pleasing enough like a new novel without any serious or practical importance. Nothing could be farther from the truth, Literature preserves the ideals of a people and these ideal are love, faith, duty, friendship, freedom and reverence which are the part of human life most worthy of preservation. * To know the beauty of creation, to know about human evolution, to know the various cultures & civilizations, to be compassionate, to understand human values and concerns about other earthlings, to enjoy the fine art of writing, to learn how to express in simple words, to converse politely, to respect the ignorant and the learned, and so on. * Without literature there would be no reference to the past. 2. Define literature * (from Latin litterae (plural); letter) is the art of written work. The word literature literally means â€Å"things made from letters. † Literature is commonly classified as having two major forms—fiction & non-fiction—and two major techniques—poetry and prose. * Literature may consist of texts based on factual information (journalistic or non-fiction), a category that may also include polemical works, biography, and reflective essays, or it may consist of texts based on imagination (such as fiction, poetry, or drama). Literature written in poetry emphasizes the aesthetic and rhythmic qualities of language—such as sound, symbolism, and metre—to evoke meanings in addition to, or in place of, ordinary meanings, while literature written in prose applies ordinary grammatical structure and the natural flow of speech. Literature can also be classified according to historical periods, genres, and political influences. * Important historical periods in English literature include Old English, Middle English, the Renaissance, the Elizabethan era of the 16th century (which includes the Shakespearean era), the 17th Century Restoration period, the 18th century Age of Enlightenment, the Romanticism of the early 19th century, the later 19th Century Victorian, and 20th Century Modernism and Post-modernism. Important intellectual movements that have influenced the study of literature include feminism, post-colonialism, psychoanalysis, post-structuralism, post-modernism, romanticism, and Marxism. 3. What are the different general types of literature? *

Importance of Agriculture in Economy Essay

The direct contribution of the agriculture sector to national economy is reflected by its share in total GDP, its foreign exchange earnings, and its role in supplying savings and labor to other sectors. Agriculture and allied sectors like forestry and fishing accounted for 18.5 percent of total Indian Gross Domestic Product (GDP) in 2005-06 (at 1999-2000 constant prices) and employed about 58 percent of the country’s workforce (CSO, 2007). It accounted for 10.95 percent of India’s exports in 2005-06 (GoI, 2007) and about 46 percent of India’s geographical area is used for agricultural activity. There has been a structural transformation in the Indian economy during the past few decades. The composition of Gross Domestic Product at 1993-94 constant prices reveals that the share of agriculture including forestry and fishing has declined as growth in industrial and services sectors far outpaced agricultural sector (Figure 1). The share of mining, manufacturing, electricity and construction sector has increased from 21.6 percent in 1970-71 to 27 percent in 2004-05 and services sector has increased significantly from 32 percent to 52.4 percent during the same period. Despite a steady decline of its share in the GDP, agriculture is still an important sector and plays a significant role in the overall socio-economic development of the country. Therefore, fostering rapid, sustained and broad-based growth in agriculture remains key priority for the government. Consistent with the trends of economic development at national level, role of agricultural sector in the state economies is also changing rapidly. The share of agriculture in Gross State Domestic Product (GSDP) has declined significantly during the last two decades. In some States, such as Bihar, Punjab, Uttar Pradesh, Haryana, Rajasthan, and Orissa, the sector today contributes more than one-quarter of GSDP, while in some states, such as Gujarat, Kerala, Karnataka, Tamil Nadu and Maharashtra, the sector contributes less than 20 percent to GSDP (Figure 2). However, contribution of agriculture to GSDP has declined in almost all States between 1993-94 and 2004-05. The decline was the highest in Karnataka (16%), followed by Haryana (14.2%), and Kerala (13.7%). In Karnataka, decline was mainly due to significant increase in the share of service sector (from 37.9% in 1993-94 to 54.7% in 2004-05) mainly driven by informational technology (IT) industry. Similar is the case with Haryana the decline is due to faster development of services sector in cities around the national capital, Delhi. Despite declining share of agriculture in the economy, majority of workforce continue to depend on agricultural sector for employment and in rural areas dependence on agriculture is more as nearly 75 percent of rural population is employed in agricultural sector. However, there is disguised employment in the sector due to limited opportunities for rural non-farm employment. This disguised employment leads to lower labor and resources productivity in the sector relative to other sectors of the economy. The low labor productivity leads to higher rates of poverty in rural areas (Figure 3). Agriculture in India is constitutionally the responsibility of the states rather than the central government. The central government’s role is in formulating policy and providing financial resources for agriculture to the states. Agriculture finance Meaning: Agricultural finance generally means studying, examining and analyzing the financial aspects pertaining to farm business, which is the core sector of India. The financial aspects include money matters relating to production of agricultural products and their disposal. Definition of Agricultural finance: Murray (1953) defined agricultural. finance as â€Å"an economic study of borrowing funds by farmers, the organization and operation of farm lending agencies and of society’s interest in credit for agriculture .† Tandon and Dhondyal (1962) defined agricultural. finance â€Å"as a branch of agricultural economics, which deals with and financial resources related to individual farm units.† What is Agriculture Finance â€Å"Agricultural finance is the study of financing and liquidity services credit provides to farm borrowers. It is also considered as the study of those financial intermediaries who provide loan funds to agriculture and the financial markets in which these intermediaries obtain their loanable funds.† John B. Penson, Jr. and David A. Lins (1980) Why Agriculture Finance India is mainly an agricultural country. Agriculture accounts for approximately 33 percent of India’s GDP and employs nearly 62 percent of the population. It accounts for 8.56 % of India’s exports. About 43 % of India’s geographical area is used for agricultural activity. Agricultural production in this country depends upon millions of small farmers. It is intensity of their effort and the efficiency of their technique that will help in raising yields per acre. Finance in agriculture is as important as development of technologies. Technical inputs can be purchased and used by farmer only if he has money (funds). But his own money is always inadequate and he needs outside finance or credit. Because of inadequate financial resources and absence of timely credit facilities at reasonable rates, many of the farmers, even though otherwise willing, are unable to go in for improved seeds and manures or to introduce better methods or techniques. The farming community must be kept informed about the various sources of agriculture finance. Agricultural finance possesses its usefulness to the farmers, lenders and extension workers. The knowledge of lending institutions, their legal and regulatory environment helps in selecting the appropriate lender who can adequately provide the credit with terms and related services needed to finance the farm business. Nature and Scope: Agricultural finance can be dealt at both micro level and macro level. Macrofinance deals with different sources of raising funds for agriculture as a whole in the economy. It is also concerned with the lending procedure, rules, regulations, monitoring and controlling of different agricultural credit institutions. Hence macro-finance is related to financing of agriculture at aggregate level. Micro-finance refers to financial management of the individual farm business units. And it is concerned with the study as to how the individual farmer considers various sources of credit, quantum of credit to be borrowed from each source and how he allocates the same among the alternative uses with in the farm. It is also concerned with the future use of funds. Therefore, macro-finance deals with the aspects relating to total credit needs of the agricultural sector, the terms and conditions under which the credit is available and the method of use of total credit for the development of agriculture, while micro-finance refers to the financial management of individual farm business. Significance of Agricultural Finance: 1) Agril finance assumes vital and significant importance in the agro – socio – economic development of the country both at macro and micro level. 2) It is playing a catalytic role in strengthening the farm business and augmenting the productivity of scarce resources. When newly developed potential seeds are combined with purchased inputs like fertilizers & plant protection chemicals in appropriate / requisite proportions will result in higher productivity. 3) Use of new technological inputs purchased through farm finance helps to increase the agricultural productivity. 4) Accretion to in farm assets and farm supporting infrastructure provided by large scale financial investment activities results in increased farm income levels leading to increased standard of living of rural masses. 5) Farm finance can also reduce the regional economic imbalances and is equally good at reducing the inter–farm asset and wealth variations. 6) Farm finance is like a lever with both forward and backward linkages to the economic development at micro and macro level. 7) As Indian agriculture is still traditional and subsistence in nature, agricultural finance is needed to create the supporting infrastructure for adoption of new technology.   8) Massive investment is needed to carry out major and minor irrigation projects, rural electrification, installation of fertilizer and pesticide plants, execution of agricultural promotional programmes and poverty alleviation programmes in the country .LECTURE -2 Credit needs in A Credit needs in Agriculture – meaning and definition of credit-classification of credit based on time, purpose, security, lender and borrower. _____________________________________________________________________ The word â€Å"credit† comes from the Latin word â€Å"Credo† which means â€Å"I believe†. Hence credit is based up on belief, confidence, trust and faith. Credit is other wise called as loan. Definition: Credit / loan is certain amount of money provided for certain purpose on certain conditions with some interest, which can be repaid sooner (or) later. According to Professor Galbraith credit is the â€Å"temporary transfer of asset from one who has to other who has not† Credit needs in Agriculture: Agricultural credit is one of the most crucial inputs in all agricultural development programmes. For a long time, the major source of agricultural credit was private moneylenders. But this source of credit was inadequate, highly expensive and exploitative. To curtail this, a multi-agency approach consisting of cooperatives, commercial banks ands regional rural banks credit has been adopted to provide cheaper, timely and adequate credit to farmers. The financial requirements of the Indian farmers are for, 1. Buying agricultural inputs like seeds, fertilizers, plant protection chemicals, feed and fodder for cattle etc. 2. Supporting their families in those years when the crops have not been good. 3. Buying additional land, to make improvements on the existing land, to clear old debt and purchase costly agricultural machinery. 4. Increasing the farm efficiency as against limiting resources i.e. hiring of irrigation water lifting devices, labor and machinery Credit can be classified on the basis of time, purpose, security, lender and borrower. (i)Time classification:- It classifies credit into three groups, i.e. short, medium and long term. (a) Short-Term (for periods up to 15 months): The â€Å"short-term loans† are generally advanced for meeting annual recurring purchases such as, seed, feed, fertilizers, hired labour expenses, pesticides, weedicides, hired machinery charges, etc., and termed as seasonal loans/crop loans/production loans. These are expected to be repaid after the harvest. It is expected that the loan plus interest would be repaid from the income received through the enterprise in which it was invested. The time limit to repay such loans is a year or at the most 18 months. (b) Medium-Term (from 15 months up to 5 years): â€Å"Medium-term loans† are advanced for comparatively longer lived assets such as machinery, diesel engine, wells, irrigation structure, threshers, shelters, crushers, draught and milch animals, dairy/poultry sheds, etc., where the returns accruing from increase in farm assets in spread over more than one production period. The usual repayment period for such type of loan is from fifteen months to five years. (c) Long-Term (above 5 Years): Loans repayable over a longer period (i.e. above 5 years) are classified as long-term loans. â€Å"Long-term loans† are related to the long lifed assets such as heavy machinery, land and its reclamation, errection of farm buildings, construction of permanent-drainage or irrigation system, etc. which require large sums of money for initial investment. The benefits generated through such assets are spread over the entire life of the asset. The normal repayment period for such loans range s from five to fifteen or even upto 20 years. (ii) Purpose classification:- Credit is also classified based on purpose of loans e.g. crop loan, poultry/dairy/piggery loan, irrigation loan, machinery and equipment loan, forestry loan, fishery loan etc. These loans signify the close relationship between time and use as well as rate of return (or profitability). Some times loans are also classified as production and consumption loans due to the fact that production loans are diverted for consumption purposes by the weaker sections. So, the banks have also started financing for consumption purposes (exclusively for home consumption expenditures) besides financing for the production purposes. The consumption loans are also to be repaid from the sale proceeds of the crop. (iii) Security classification:- Security offered/obtained provides another basis for classifying the loans. The secured loans are advanced as against the security of some tangible personal property such as land, livestock and other capital assets, i.e., medium and long term loans. The borrower’s credit worthiness may act much more than the security offered, which if doubtful may result willful default. Moreover, the secured loans are further classified on the basis of type of security e.g. mortgage loans, where legal mortgage of some property such as land is offered to the lender, i.e., loans for intangible property such as land improvement, irrigation infrastructures, etc. and hypothecated loans, where legal ownership of the asset financed remains with the lender though physical possession with the borrowers i.e. loans for tangible property such as tractor, machinery and equipments. The private money lenders, usually possess items such as gold ornaments / jewellery or land as security, which reminds the borrower about his obligations of loan repayments. On the contrary, unsecured loans are generally advanced without offering any security e.g. short-term crop loans. (iv) Lender classification:- Credit is also classified on the basis of lender such as (a) Institutional Credit e.g. co-operative loans, commercial bank loans and government loans; (b) Non-Institutional Credit e.g. professional and agricultural money lenders, traders and commission agents, relatives and friends etc. (v) Borrower classification:- The credit is also classified on the basis of type of borrowers (i.e., production or business activity as well as size of business) such as crop farmers, dairy farmers, poultry farmers, fisherman, rural artisans etc. or agricultural labourers, marginal/small/medium/large farmers, hill farmers or tribal farmers etc. Such classification has equity considerations. credit is broadly classified based on various criteria: 1. Based on time: This classification is based on the repayment period of the loan. It is sub-divided in to 3 types Short–term loans: These loans are to be repaid within a period of 6 to 18 months. All crop loans are said to be short–term loans, but the length of the repayment period varies according to the duration of crop. The farmers require this type of credit to meet the expenses of the ongoing agricultural operations on the farm like sowing, fertilizer application, plant protection measures, payment of wages to casual labourers etc. The borrower is supposed to repay the loan from the sale proceeds of the crops raised. Medium – term loans: Here the repayment period varies from 18 months to 5 years. These loans are required by the farmers for bringing about some improvements on his farm by way of purchasing implements, electric motors, milch cattle, sheep and goat, etc. The relatively longer period of repayment of these loans is due to their partially-liquidating nature. Long – term loans: These loans fall due for repayment over a long time ranging from 5 years to more than 20 years or even more. These loans together with medium terms loans are called investment loans or term loans. These loans are meant for permanent improvements like levelling and reclamation of land, construction of farm buildings, purchase of tractors, raising of orchards ,etc. Since these activities require large capital, a longer period is required to repay these loans due to their non – liquidating nature. 2. Based on Purpose: Based on purpose, credit is sub-divided in to 4 types.   Production loans: These loans refer to the credit given to the farmers for crop production and are intended to increase the production of crops. They are also called as seasonal agricultural operations (SAO) loans or short – term loans or crop loans. These loans are repayable with in a period ranging from 6 to 18 months in lumpsum .Investment loans: These are loans given for purchase of equipment the productivity of which is distributed over more than one year. Loans given for tractors, pumpsets, tube wells, etc. Marketing loans: These loans are meant to help the farmers in overcoming the distress sales and to market the produce in a better way. Regulated markets and commercial banks, based on the warehouse receipt are lending in the form of marketing loans by advancing 75 per cent of the value of the produce. These loans help the farmers to clear off their debts and dispose the produce at remunerative prices. Consumption loans: Any loan advanced for some purpose other than production is broadly categorized as consumption loan. These loans seem to be unproductive but indirectly assist in more productive use of the crop loans i.e. with out diverting then to other purposes. Consumption loans are not very widely advanced and restricted to the areas which are hit by natural calamities. These loams are extended based on group guarantee basis with a maximum of three members. The loan is to be repaid with in 5 crop seasons or 2.5 years whichever is less. The branch manager is vested with the discretionary power of sanctioning these loans up to Rs. 5000 in each individual case. The rate of interest is around 11 per cent. The scheme may be extended to 1) IRDP beneficiaries 2) Small and marginal farmers 3) Landless Agril. Laborers 4) Rural artisans 5) Other people with very small means of livelihood hood such as carpenters, barbers, washermen, etc. 3. Based on security: The loan transactions between lender and borrower are governed by confidence and this assumption is confined to private lending to some extent, but the institutional financial agencies do have their own procedural formalities on credit transactions. Therefore it is essential to classify the loans under this category into two sub-categories viz., secured and unsecured loans. Secured loans: Loans advanced against some security by the borrower are termed as secured loans. Various forms of securities are offered in obtaining the loans and they are of following types. I. Personal security: Under this, borrower himself stands as the guarantor. Loan is advanced on the farmer’s promissory note. Third party guarantee may or may not be insisted upon (i.e. based on the understanding between the lender and the borrower) II. Collateral Security: Here the property is pledged to secure a loan. The movable properties of the individuals like LIC bonds, fixed deposit bonds, warehouse receipts, machinery, livestock etc, are offered as security. III. Chattel loans: Here credit is obtained from pawn-brokers by pledging movable properties such as jewellery, utensils made of various metals, etc. IV. Mortgage: As against to collateral security, immovable properties are presented for security purpose For example, land, farm buildings, etc. The person who is creating the charge of mortgage is called mortgagor (borrower) and the person in whose favour it is created is known as the mortgagee (banker). Mortgages are of two types a) Simple mortgage: When the mortgaged property is ancestrally inherited property of borrower then simple mortgage holds good. Here, the farmer borrower has to register his property in the name of the banking institution as a security for the loan he obtains. The registration charges are to be borne by the borrower. b) Equitable mortgage: When the mortgaged property is self-acquired property of the borrower, then equitable mortgage is applicable. In this no such registration is required, because the ownership rights are clearly specified in the title deeds in the name of farmer-borrower. V. Hypothecated loans: Borrower has ownership right on his movable and the banker has legal right to take a possession of property to sale on default (or) a right to sue the owner to bring the property to sale and for realization of the amount due. The person who creates the charge of hypothecation is called as hypothecator (borrower) and the person in whose favor it is created is known as hypothecate (bank) and the property, which is denoted as hypothecated property. This happens in the case of tractor loans, machinery loans etc. Under such loans the borrower will not have any right to sell the equipment until the loan is cleared off. The borrower is allowed to use the purchased machinery or equipment so as to enable him pay the loan installment regularly. Hypothecated loans again are of two types viz., key loans and open loans. a) Key loans : The agricultural produce of the farmer – borrower will be kept under the control of lending institutions and the loan is advanced to the farmer . This helps the farmer from not resorting to distress sales. b) Open loans: Here only the physical possession of the purchased machinery rests with the borrower, but the legal ownership remains with the lending institution till the loan is repaid. Unsecured loans: Just based on the confidence between the borrower and lender, the loan transactions take place. No security is kept against the loan amount 4. Lender’s classification: Credit is also classified on the basis of lender such as Institutional credit: Here are loans are advanced by the institutional agencies like co-operatives, commercial banks. Ex: Co-operative loans and commercial bank loans. Non-institutional credit : Here the individual persons will lend the loans Ex: Loans given by professional and agricultural money lenders, traders, commission agents, relatives, friends, etc. 5. Borrower’s classification: The credit is also classified on the basis of type of borrower. This classification has equity considerations. Based on the business activity like farmers, dairy farmers, poultry farmers, pisiculture farmers, rural artisans etc. Based on size of the farm: agricultural labourers, marginal farmers, small farmers , medium farmers , large farmers , Based on location hill farmers (or) tribal farmers. 6. Based on liquidity: The credit can be classified into two types based on liquidity and they are Self-liquidating loans: They generate income immediately and are to be paid with in one year or after the completion of one crop season. Ex: crop loans. ï‚ · Partially -liquidating: They will take some time to generate income and can be repaid in 2-5 years or more, based on the economic activity for which the loan was taken. Ex: Dairy loans, tractor loans, orchard loans etc., 7. Based on approach: Individual approach: Loans advanced to individuals for different purposes will fall under this category Area based approach: Loans given to the persons falling under given area for specific purpose will be categorized under this. Ex: Drought Prone Area Programme (DPAP) loans, etc Differential Interest Rate (DIR) approach: Under this approach loans will be given to the weaker sections @ 4 per cent per annum. 8. Based on contact: Direct Loans: Loans extended to the farmers directly are called direct loans. Ex: Crop loans. Indirect loans: Loans given to the agro-based firms like fertilizer and pesticide industries, which are indirectly beneficial to the farmers aSource of Agricultural Credit are called iidirct loans. The sources of agricultural finance are broadly classified into two categories: (A) Noninstitutional Credit Agencies or informal sources, and (B) Institutional Credit Agencies or Formal Sources. A. Non-institutional Credit Agencies i) Traders and Commission Agents: Traders and commission agents advance loans to agriculturists for productive purposes against their crop without completing legal formalities. It often becomes obligatory for farmers to buy inputs and sell output through them. They charge a very heavy rate of interest on the loan and a commission on all the sales and purchases, making it exploitative in nature. ii) Landlords: Mostly small farmers and tenants depend on landlords for meeting their production and day to day financial requirements. iii) Money lenders: Despite rapid development in rural branches of different institutional credit agencies, village money lenders still dominate the scene. Money lenders are of two types- agriculturist money lenders who combine their money lending job with farming and professional money lenders whose sole job is money lending. A number of reasons have been attributed for the popularity of moneylenders such as: (a) they meet demand for productive as well as unproductive requirement; (b) they are easily approachable at odd hours; and (c) they require very low paper work and advances are given against promissory notes or land. Money lenders charge a very high rate of interest as they take advantage of the urgency of the situation. Over the years a need for regulation of money lending has been felt. But lack of institutional credit access to certain sections and areas had facilitated unhindered operation of money lending. B. Institutional Credit Agencies The evolution of institutional credit to agriculture could be broadly classified into four distinct phases – 1904-1969 (predominance of co-operatives and setting up of RBI), 1969-1975 [nationalisation of commercial banks and setting up of Regional Rural Banks (RRBs)], 1975-1990 (setting up of NABARD) and from 1991 onwards (financial sector reforms). Institutional funding of the farm sector is mainly by commercial banks, regional rural banks and co-operative banks. Share of commercial banks in total institutional credit to agriculture is almost 48 percent followed by cooperative banks with a share of 46 per cent. Regional Rural Banks account for just about 6 per cent of total credit disbursement. i) Government: These are both short term as well as long-term loans. These loans are popularly known as â€Å"Taccavi loans† which are generally advanced in times of natural calamities. The rate of interest is low. But it is not a major source of agricultural finance. ii) Cooperative Credit Societies: The history of cooperative movement in India dates back to 1904 when first Cooperative Credit Societies Act was passed by the Government. The scope of the Act was restricted to establishment of primary credit societies and non-credit societies were left out of its purview. The shortcomings of the Act were rectified through passing another Act called Cooperative Societies Act 1912. The Act gave provision for registration of all types of Cooperative Societies. This made the emergence of rural cooperatives both in the credit and noncredit areas, though with uneven spatial growth. In subsequent years a number of Committees were appointed and recommendations implemented to improve the functioning of the cooperatives. Soon after the independence, the Government of India following the recommendations of All India Rural Credit Survey Committee (1951) felt that cooperatives were the only alternative to promote agricultural credit and development of rural areas. Accordingly, cooperatives received substantial help in the provision of credit from Reserve Bank of India as a part of loan policy and large scale assistance from Central and State Governments for their development and strengthening. Many schemes involving subsidies and concessions for the weaker sections were routed through cooperatives. As a result cooperative institutions registered a remarkable growth in the post-independence India. iii) Commercial Banks: Previously commercial banks (CBs) were confined only to urban areas serving mainly to trade, commerce and industry. Their role in rural credit was meagre i.e., 0.9 per cent in 1951- 52 and 0.7 per cent in 1961-61. The insignificant participation of CBs in rural lending was explained by the risky nature of agriculture due to its heavy dependence on monsoon, unorganized nature and subsistence approach. A major change took place in the form of nationalisation of CBs in 1969 and CBs were made to play an active role in agricultural credit. At present, they are the largest source of institutional credit to agriculture. iv) Regional Rural Banks (RRBs): RRBs were set up in those regions where availability of institutional credit was found to be inadequate but potential for agricultural development was very high. However, the main thrust of the RRBs is to provide loans to small and marginal farmers, landless labourers and village artisans. These loans are advanced for productive purposes. At present 196 RRBs are functioning in the country lending around Rs 9,000 crore to rural people, particularly to weaker sections. v) Microfinancing: Microfinancing through Self Help Groups (SHG) has assumed prominence in recent years. SHG is group of rural poor who volunteer to organise themselves into a group for eradication of poverty of the members. They agree to save regularly and convert their savings into a common fund known as the Group corpus. The members of the group agree to use this common fund and such other funds that they may receive as a group through a common management. Generally, a self-help group consists of 10 to 20 persons. However, in difficult areas like deserts, hills and areas with scattered and sparse population and in case of minor irrigation and disabled persons, this number may range from 5-20. As soon as the SHG is formed and a couple of group meetings are held, an SHG can open a Savings Bank account with the nearest Commercial or Regional Rural Bank or a Cooperative Bank. This is essential to keep the thrift and other earnings of the SHG safely and also to improve the transparency levels of SHG’s transactions. Opening of SB account, in fact, is the beginning of a relationship between the bank and the SHG. The Reserve Bank of India has issued instructions to all banks permitting them to open SB accounts in the name of registered or unregistered SHGs. Genesis and Historical Background The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) set up by the RBI under the Chairmanship of Shri B Sivaraman in its report submitted to Governor, Reserve Bank of India on November 28, 1979 recommended the establishment of NABARD. The Parliament through the Act 61 of 81, approved its setting up. The Committee after reviewing the arrangements came to the conclusion that a new arrangement would be necessary at the national level for achieving the desired focus and thrust towards integration of credit activities in the context of the strategy for Integrated Rural Development. Against the backdrop of the massive credit needs of rural development and the need to uplift the weaker sections in the rural areas within a given time horizon the arrangement called for a separate institutional set-up. Similarly. The Reserve Bank had onerous responsibilities to discharge in respect of its many basic functions of central banking in monetary and credit regulations and was not therefore in a position to devote undivided attention to the operational details of the emerging complex credit problems. Thispaved the way for the establishment of NABARD. CRAFICARD also found it prudent to integrate short term, medium term and long-term credit structure for the agriculture sector by establishing a new bank. NABARD is the result of this recommendation. It was set up with an initial capital of Rs 100 crore, which was enhanced to Rs 2,000 crore, fully subscribed Role and Functions †¢ NABARD is an apex institution accredited with all matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas. †¢ It is an apex refinancing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas †¢ It takes measures towards institution building for improving absorptive capacity of the credit delivery system, including monitoring, formulation of rehabilitation schemes, restructuring of credit institutions, training of personnel, etc. †¢ It co-ordinates the rural financing activities of all the institutions engaged in developmental work at the field level and maintains liaison with Government of India, State Governments, Reserve Bank of India and other national level institutions concerned with policy formulation. †¢ It prepares, on annual basis, rural credit plans for all districts in the country; these plans form the base for annual credit plans of all rural financial institutions †¢ It undertakes monitoring and evaluation of projects refinanced by it. †¢ It promotes research in the fields of rural banking, agriculture and rural developmentby the Government of India and the RBI. Mission Promoting sustainable and equitable agriculture and rural development through effective credit support, related services, institution building and other innovative initiatives. In pursuing this mission, NABARD focuses its activities on: Credit functions, involving preparation of potential-linked credit plans annually for all districts of the country for identification of credit potential, monitoring the flow of ground level rural credit, issuing policy and operational guidelines to rural financing institutions and providing credit facilities to eligible institutions under various programmes Development functions, concerning reinforcement of the credit functions and making credit more productive Supervisory functions, ensuring the proper functioning of cooperative banks and regional rural banks Objectives NABARD was established in terms of the Preamble to the Act, â€Å"for providing credit for the promotion of agriculture, small scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting IRDP and securing prosperity of rural areas and for matters connected therewith in incidental thereto†. The main objectives of the NABARD as stated in the statement of objectives while placing the bill before the Lok Sabha were categorized as under : 1. The National Bank will be an apex organisation in respect of all matters relating to policy, planning operational aspects in the field of credit for promotion of Agriculture, Small Scale Industries, Cottage and Village Industries, Handicrafts and other rural crafts and other allied economic activities in rural areas. 2. The Bank will serve as a refinancing institution for institutional credit such as long-term, short-term for the promotion of activities in the rural areas. 3. The Bank will also provide direct lending to any institution as may approved by the Central Government. 4. The Bank will have organic links with the Reserve Bank and maintain a close link with in. sources of Funds Authorised share capital of NABARD is Rs 500 crores and issues and paid up capital is Rs 100 crores. NABARD accrues additional funds from borrowings from the Government of India and any institution approved by the Government of India, issue and sale of bonds i.e. Rural Infrastructural Development Bond, borrowings from RBI, deposits from State Governments and local authorities and gifts and grants received . NABARD have been providing financial assistance to various financial institutions engaged in Rural Credit Delivery System. These agencies include Co-operative Credit Institutions, Regional Rural Banks and Commercial Banks. The demand for funds for rural development has come up considerably in recent times. To meet the increasing demand of rural credit, NABARD raises funds from the following sources: (i) Capital: It went up from Rs.100 crore in March 1992 to Rs.1500 crore in March 1998 and further Rs. 2000 crore in 1999. The total Capital of NABARD is contributed by Government of India and RBI. The capital remained at Rs. 2000 crore in March 2002. (ii) Deposits: The deposits mainly come from Rural Infrastructural Development Fund (RIDF) introduced in Central Government Budget from the year 1995-96. Another source of deposits comes from banks which fall short of attaining priority sector target. The total outstanding RIDF deposits aggregated Rs. 9725 crore as on 31st March 2002. (iii) Borrowings: NABARD raises funds through market borrowings, Loans from Union Government and borrowings in Foreign Currency from abroad. Apart from these they also borrow funds from RBI. Their borrowings are mainly from three sources. They are by issue of bonds, borrowings from Government of India and borrowing abroad in foreign currency. The total outstanding borrowing amounted to Rs. 15,772 crore in March 2002. (iv) Reserves and: The excess of income over expenditures is generally accumu- Surplus lated as ‘Reserves and surplus’. As on March 2002, these reserves aggregated to Rs. 3626 crore. (v) Nation Rural Credit: These funds were earlier provided by RBI to NABARD in con- Funds (Long-term section with assistance under Agriculture Sector. These were Operation Fund & given out of profits earned by RBI. They stood at Rs.11064 crore Stabilization Fund) as on March ’99. However it has gone up to Rs. 13,975 crore as on March 2002. However, Reserve Bank stopped contributing large sums towards these two Funds from 1994. Presently, the RBI contributes only Rs.1.00 crore each to these funds as a symbolic gesture because the RBI Act provides for such contributions. The balance contribution now comes from NABARD’s own profit. (vi) Rural Infrastructural Development Fund (RIDF): The setting up of RIDF was announced in the Union Budget for 1995-96. The RIDF was set up with a contribution of Rs. 2000 crore mainly to provide assistance to State Governments to take up infrastructure projects pertaining to irrigation, rural roads, bridges and flood control measures. Contributions to this Fund came from Indian Scheduled Commercial Banks (other than RRBs) which failed to achieve the minimum agricultural lending target of 18 per cent of net bank credit. The shortfall of amounts in the target achievement was required to be kept in the RIDF with NABARD. Similarly RIDF II was set up in 1996-97 with contributions made by public sector banks which failed to achieve the minimum priority sector advances of 40 per cent. The shortfall in their target amount has to be kept in RIDF II. RIDF III was set up in 1997-98 with shortfall in priority sector landings of all private and public sector commercial banks. The contributions to these Funds were eligible for interest payment to be decided by Reserve Bank from time to time. The Funds are managed by NABARD. Loans out of these funds are mainly provided to State Governments to complete existing rural infrastructural projects and also for taking up new infrastructural projects in rural areas. Loans out of RIDF I was provided interest at the rate of 13.0 per cent and at 12.0 per cent out of RIDF II and III. The projects generally pertain to irrigation facilities and construction of Roads and Bridges in rural areas. Similarly RIDF IV and V were created in the Union Budget during 1998-99 and 1999- 2000. Further RIDF VI and VII were created in 2001 and 2002 with a corpus of Rs. 4,500 crore and Rs. 5,000 crore respectively. The scope of the fund has been extended to cover Gram Panchayats, Self Help Groups to develop rural infrastructural facilities like soil conservation, rural market yards, drainage improvement, etc. Students may observe the capital of NABARD has gone up by Rs. 1,500 crore to Rs. 2,000 crore during the year 2002. Similarly, the RIDF deposits which were only Rs. 3,608 crore in March 1999 were increased to Rs. 9,725 crore as on March 2002. The borrowing of NABARD has gone up substantially in the recent past from Rs. 9,000 crore in March 1999 to Rs. 15,772 crore in March 2002. The aggregate resources of NABARD were also substantially increased from Rs. 28,986 crore in March 1999 to Rs. 45,098 crore in March 2002. On the uses of funds while the loans and advances increased by about 25% between March 1999 and March 2002 loans out of RIDF funds went up substantially from Rs. 3,667 crore to Rs. 10,435 crore during the same period.

Mordern East Asia Term Paper Example | Topics and Well Written Essays - 1250 words

Mordern East Asia - Term Paper Example y (economy), and Minds (idea and intellect).   Lampton starts with the reference to the Chinese history well back to 500 BC discussing briefly about the Sun Tzo, then, Chairman Mao and Deng Xiaoping up to the present day.   China has emerged but this is unlike the Soviet Union and Japan, just being a military power and economic giant respectively; Soviet Union was not an economic power, and Japan is not at all a military giant on the other hand.   This is a modern China with globalization, urbanization, and marketization making China the stronger from both parameters, the coercive and economic; in fact, there is also the third parameter being the nonphysical what he calls "ideational power."   According to Lampton the credit for  Chinas coercive power goes to  Chairman Mao, for  it monetary power it goes to Deng Xiaoping, and for todays financial and  idea power it belongs to the current leaders.   About Coercive power, China is explored in comparison with its relationships with the neighbors and the U.S.; Chinese military capabilities are increasing systematically and effectively.   â€Å"The PRC was annually adding between 75 to 120 short-range ballistic missiles (300 to 600 kilometers in range) to  its existing  inventory† (Lampton 50). There is a mutual stronger and growing U.S.-China relationship; and China wants to do all together for the goodness of world problems.   â€Å"China has sufficient nuclear weapons to hold approximately 15-20 million U.S. citizens  at risk† (Lampton 52). This might of China does not mean just arms and weapons; it reflects the concept of Peoples Liberation Army to be the military modernization of the forces along with the development of space capabilities â€Å"that by 2010 aims to establish an earth observation system† (Lampton 56). About Financial or Economic power of China it is an obvious case that this power has increased as a buyer, importer, and investor  in addition to  its old image of being only a powerhouse of selling

Mc Donalds and Coca Cola Essay Example | Topics and Well Written Essays - 750 words

Mc Donalds and Coca Cola - Essay Example As the discussion stresses the innovative and appealing advertisements of Coca Cola have created a great demand for the product in the current market. They are using the social media like Facebook, Twitter and YouTube which form effective means of marketing mix in the modern world where most of the population are technology savvy. This has enabled makes the company to capture the minds of young generations and impress upon them a definitive brand image. The most effective means of traditional media behind the success of the brand Coca cola has been was television.   Newspapers and websites also attract consumers. Thus, the brand image has remained very consistent for this company.This paper stresses that McDonalds is the largest chain of fast food restaurant in the world. The customers recognize its logo instantly as it appears in the media. They also use social media like Facebook, Twitter, My Space and in addition to traditional media like TV, newspapers as well as magazines. In their case also, a marketing mix using both the forms of media, has helped them create and retain an everlasting brand image.  Both media are effective communication tool with the consumers. Both companies use these media to generate the demand for their product.  This has increased the brand image name of both companies. It has become a significant factor in the business.  Coca cola is a soft drink company and McDonalds maintains the top spot in the fast food industry.

Bipolar Disorders-Psychology Lab Report Example | Topics and Well Written Essays - 500 words

Bipolar Disorders-Psychology - Lab Report Example The researchers created two psychosocial treatment trials. The first study was to determine "the effectiveness of a multi-family psychoeducation group therapy program" (481). The first group was comprised of 135 families, with children 8-11 years of age, who were bipolar or had depressive spectrum disorder. In this group, 45% came from two biological parent families, 55% came from blended, single parent, adopted parent and lesbian parent families. Socioeconomic background for families ranged between $20,000 and $100,000. The majority of children were Caucasian (90%), with 10% African American. This group participated in group therapy and 25% were from rural areas. The second group was the same in terms of demographics, but it consisted of only 20 families with children 8-11 years old, and they were seen individually. In this group 40% came from rural and/or geographically remote areas. Families in both groups were encouraged to continue their regular treatment options throughout the course of the study. Detailed information about all the services families received was collected four times over the 18 months of the study (481). All information was gathered through interviews with the families. This study set out to show what parents experienced as they took their children through the mental health system. What they found was that parents had similar experiences. Most felt guilty about having a child with this disorder. They felt that their children were often misdiagnosed, they were given a treatment plan to use, and when it didnt work, the clinicians blamed them (the parents) for not parenting correctly or not following a behavior plan properly. "Without understanding the childs full diagnostic profile, treatment plans are often not helpful and sometimes harmful." (482). To help clinicians, they presented the "dos" and "donts" list in hopes that clinicians will be more aware of how to work better with families. Although this study will probably be

Prayer in Public Schools Essay Example | Topics and Well Written Essays - 500 words

Prayer in Public Schools - Essay Example Prayer in schools has been debated for quite a long period of time now. This is because prayers are very close to one’s heart, and should be respected for the link that a child (or for that matter a person) has with his God. There is absolutely no one else to fill the relationship as it is a two-fold link and cannot be seen as incomplete by any stretch of the imagination. Hence asking the children to pray just for fulfilling a condition is illegal and does not bring proper justice to the realms of freedom. Even though the young ones learn about religion, it is totally up to them as to how they want to perceive their world and their God in essence. The aspect that comes to light here is that praying in schools is conducted because students are being conditioned into learning something spiritual. What the teachers and the school authorities are forgetting essentially is that it cannot be ingrained into a child if he has not been taught about such nuances from his home (Bergel, 1988). There has to be a divide here because prayer is something that is very close to one’s heart, and no alternate answers seem to exist or come about for comprehending the same principles. Further, since the students leave the class during prayer timings, both the parents and the teachers would be opposed to this phenomenon. No teacher would like his students to leave the class at critical junctures of the lectures or sessions (Hannabuss, 2011). Hence it is always a good omen to think of these activities in light of growth and development rather than favoring or disfavoring a particular religion or society for that matter. If this is done, success would automatically be achieved within the debate of prayers in schools. It would be a sound advice to have a neutral prayer in the morning rather than a prayer that is inclined towards a singular religion. This neutral prayer would tell the students that mankind is more important than vice and hence virtue shall remain supreme no matter how difficult the times are and what the world thinks of these scenarios that keep coming about every now and then.

The Love Song of J. Alfred Prufrock Essay Example | Topics and Well Written Essays - 1000 words - 3

The Love Song of J. Alfred Prufrock - Essay Example This song has a speaker just like any other literature. Prufrock is the speaker who effectively addresses a potential lover. He would force the moment to its crisis by hurriedly consummating their relationship, â€Å"Let us go then, ......... Like a patient etherized ......................; The muttering retreats .......................," (Eliot 1). He then eavesdrops what people are saying about him and changes his decision and heart. This makes him to coward back and also reminds him of so much knowledge he has in life and not to "dare," (Eliot 40) mess it up. J. Alfred Prufrock love song is an anguish of an urban or modern man, stroke with a mixture of feelings. These feelings are the ones that best give the tone of the entire song. The tone of the song is loving and desperate at some point. The song is a mixture of emotions. The loving emotion is shown when Prufrock says," Let us go then, you and I" (Eliot 1). This tone is vivid throughout the song and helps bring out the speakers characteristic of being loving. The tone of despair also comes out very strongly. Especially when the speaker realizes that he might lose something that he has been holding on for some good time in memorial. When he says, â€Å"And indeed there will be time to wonder, "Do I dare?" and, "Do I dare?" .Time to turn back and descend the stair, with a bald spot in the middle of my hair† (Eliot 4). The tone also helps in bringing out the speaker’s character that is not expressly brought out in the song.                              This love song is a literary drama that contains the dramatic monolog . This is brought out by the specific utterances of a specific individual, not within the song at a specific moment in time. This is shown by, [They will say: "How his hair is growing thin!"] and [They will say: "But how his arms and legs are thin!"], (Eliot 4). These monologue utterances are also directed to the

Comparison of Organizational Cultures of the United States versus Essay

Comparison of Organizational Cultures of the United States versus Saudi Arabia and the United Arab Emirates - Essay Example Arguments in this paper flow from four cultural traits of effective organizations that include involvement, consistency, adaptability, and mission. The paper compares and contrasts the organizational cultures of the U.S and those of the Saudi Arabia and the United Arab Emirates by applying elements such as collectivism versus individualism, femininity versus masculinity, orientation, and power distance. America organizational culture features a system of inclusive involvement whereby employees are rewarded for taking initiatives. The American system values accountability and empowerment. The American organization cultures stress the significance of accountability. The U.S. organizational culture provides a favorable environment for peak performance accompanied by extrinsic rewards. Aspects such as individual bonuses are tied to initiative and personal accountability. The organization culture of the U.S. establishes conditions for achieving operational objectives. U.S. organization culture stresses the importance of values such as communication, innovation, collaboration, and stability, which influences the employees’ roles and expectations. The organizational culture of U.S. also encourages innovation and risk taking. Saudi Arabia and United Arab Emirates, which comprise part of Arab World, exhibits unique values and beliefs as reflected on the organizations practices and systems development, implementation and management. The two countries are heavily dependent on foreign labor, especially in essential professional and skilled or technical fields. Expatriates in the countries are hired contractually; their jobs attract high extrinsic rewards. There is a strong inclination in both countries for an increased preference for managerial positions. Survey conducted in organizations in both countries highlights conflicting attitudes towards Western business models. However, most agree that they enhance organizational performance. Regulatory decisions within the

Research summary Paper Example | Topics and Well Written Essays - 500 words

Summary - Research Paper Example Vascular lesion is considered as its leading cause, but scholars believe that trauma and tumors may also result in AOS. In AOS, there is loss of control in articulation resulting in reduced ability to sequence, time and coordinate the phonemes that lead to speech errors. The articulation is disrupted due to damage in central nervous system. It is characterized by persistent dysprosody or speech having abnormal rhythm, stress and intonation with repeated utterances in order to become articulate. It is often confused with Aphasia or conduction aphasia and Dysarthria. While Aphasia highlights language deficit and cannot select correct phonemes but has speech continuity, AOS uses correct phonemes but cannot articulate due to motor deficiency and therefore, speech is halting and repetitive. On the other hand, Dysarthria affects articulation due to muscle impairment while AOS has linguistic error is due to lack of motor control. There is more than one type of AOS as defined by the damages in different part of brain. The treatment is often focused on speech articulation therapy that is designed to improve intonation and stress through repetition of words and speech sound. Augmentative devices and alternative means like gestures, drawing, writing etc. are used for severe AOS patients. The research shows that efficacy of treatment mainly relies on experimental designs as per the needs of the patients. The study is hugely significant because it has helped to distinguish it from the various other forms of speech disorders. Most importantly, clear diagnosis has helped clinicians to address its intervention techniques. I strongly believe that the paper encourages more in depth study of the subject so that new variant of AOS could be identified. AOS is complex in its characterization and causes. As such, it necessitates early deduction so that patients can use appropriate intervention to bring under control the

Home Depot and Lowe's Financial analysis Assignment

Home Depot and Lowe's Financial analysis - Assignment Example The times earned ratio increased from 9.95 to 11.01 to 12.43 over the three years. That shows that the company is earning interest over its investments and that is a positive thing for the company. The cash coverage ratio for the company increased to 15.1 from 13.8 and 13 over the three years. Lowe- The long-term debt ratio for the company is increasing over the three years. The ratio increased from 27% to 29% from the year 2011 to 2012 then increased to 39% in the year 2013. That shows that the ratio for the company for the long-term debt is stable and the company depends on long term funding for its operations. For the long term to equity ratio, the ratio increased from 36% to 42% then increased to 65% over the three years. The total debt ratio for the company reduced from 46% to 23% then increased to 24%. That shows that the total debt for the company is not stable. That shows that that the company is dependent on debt as the means of raising funds for the company. The times earned ratio reduced from 9.72 to 7.7 to 6.95 over the three years. That shows that the company is cutting on the interest earned on its investments and that is not a positive thing for the company. The cash coverage ratio for the company reduced to 11 from 11.89 and 14.80 over the three years. Home depot: The net working capital to total assets ratio increased from 0.08 to 0.13 in the year 2012 then reduced to 0.1. That shows that the liquidity of the company is not stable and that shows that the working capital of the company should be increased (Damodaran 1999). The current ratio for the company increased from 1.33 to 1.55 then reduced to 1.34. The current ratio shows the ratio of current liabilities to current assets. That shows the ability of the company to payback its liabilities using current assets. The best ratio is 2:1. The quick ratio for the company reduced from 0.4 from 0.44. That shows the ability of a

Post Colonial World Essay Example for Free

Post Colonial World Essay Colonialism has been a large factor in the development of the world, particularly in the past three centuries, from the 18th to the 20th century. Colonialism has been so important because it was so widespread. With large historical empires like those of Great Britain and France reaching out and colonizing nations from India to the continent of Africa in hopes of being able to gain access to the natural resources found there, colonialism was to effect almost every nation in one way or another. While colonialism did open up the world to greater trade and disbursement of many aspects of another culture to Europeans and, eventually, to Americans, the colonizing of these countries created difficulties and problems in the colonized nations. The fact is that the post-colonial world is nothing but a product of the colonial period and colonialism creates a whole new set of problems that do not go away even after the colonizing nation has pulled out; in fact, more problems develop.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Colonialism was a major aspect of modern world history as it really did transform the world. The remnants of this can still be felt today. In Africa, many African nations have French or English as their official language, as in the Ivory Coast or South Africa, because of the lasting effects of colonialism. In England, remnants of their colonialism of India are still felt in things as small as a love of Indian cooking, and in India the memories of children being forced to learn at English schools are still remembered. The lasting effects go much deeper, however, than simpler a transference of a nation’s vibrant culture, or the adoption of an official language. Post-colonialism, in its essence, is the philosophy that many problems arise from colonizing a nation, not the least of which is the loss of a national identity and, perhaps even more unsettling, is the fact that when a empiric power pulls out of a colonized nation, leaving them alone to fight for themselves and create their own way, sometimes centuries after overtaking them, the colonized nation is lost and goes through a period of war and infighting to try and find their place in the world as their own nation, and not a puppet nation.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The many wars, uprising, and political instabilities found in post-colonial nations like India and many countries in Africa are directly related to the Colonial period. An example of this can be found in South Africa where long after the British had colonized the country the remnants of their civilization was left behind. Apartheid, in its ugliest form, was left behind and the way that the white people in South Africa treated the black people in their own homeland has been widely publicized, interpreted and studied in historical studies. Even today some tensions exist in South Africa and they are still trying to maintain their own national identity in the light of post-colonialism. This can be seen in nations around the world who have been colonized.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The colonial period was a time of large powerful empires and nations that did not have the means or the military might to defend themselves from being colonized. The countries that were colonized during this period faced problems that they had never faced before, including a lack of a national identity and having to deal with the fall out when their colonizing power pulled out. Much of the difficulties of the post-colonial period trace their roots back to the colonial period and most particularly to the ruling nation that took over their nation and changed their way of life.

Free

Free Will and Schopenhauer Essay Free will is considered as having the ability to choose a course of action solely based on one’s character. Immanuel Kant argues that humans have free will and act accordingly, while Arthur Shopenhauer suggests that humans are delusional and desire to have free will, yet they are lead by laws of nature and motives only. Perceiving ourselves as acting with free will is just to satisfy the metaphysical requirement on being responsible for ones action. Free will is a phenomenon that does not exist; what is perceived to be free will is causes that we act upon and motives that drive us to do so. Every single action needs a cause to act upon. .Kant connects free will with morality and implies that morality lies within reason. He does not really explain free will but only refutes objections against it by stating that we are free by knowing we have duties. His argument suggests that even though we have morals we can always act immorally, by having the ability to act otherwise we have free will. Shopenhauer’s water example proves otherwise. â€Å"This is exactly as if water spoke to itself: â€Å"I can make high waves (yes in the sea during a storm), I can rush down hill (yes! in the river bed), I can plunge down foaming and gushing (yes! In the waterfall), I can rise freely as a stream of water in the air (yes! In the fountain) I can, finally, boil away and disappear (yes! At a certain temperature); but I am voluntarily remaining quiet and clear in the reflecting pond. † This example is deterministic and proves that in order for the water to do all those things, it needs a cause to act upon. Just as a man must have a cause that pushes him forward in order to act accordingly. The man needs a motive that will act as a cause. The causal determinism proposes that all future events are necessitated by past and present events combined by laws of nature. It is not a man’s free will that makes him act morally, but rather, it is the motives that make him act in any particular way. Kant would argue that acting morally has absolute worth because by acting morally, we engage in a higher order of existence. Schopenhauer gives the example of a man who gets out from work and evaluates his options which he thinks he can freely choose from. That man decides to go home to his wife. He thinks he made this choice freely but actually it is because the motive of going home was greater than the other options. If Schopenhauer was to challenge him to say ‘that was expected of you being the boring man that you are’, and he went to the theater with him instead, this would still not mean he has free will. It only means that his motives have changed because there is a different cause. Schopenhauer’s comment causes him to act defying manner. If this man had a more passive character, he might have still gone home to his wife. Causes would have affected him in different ways and he would have had different motives. Being responsible of our actions is demanded from us by the society; when we act accordingly it is because the society’s expectations cause us to act responsibly. Kant argues that as rational beings, we should consciously and freely choose the responsible thing to do because it is the laws we choose to obey that make us free. Schopenhauer would argue that the only reason we obey rules and act responsibly is because our motives drive us to that direction. If our motives were to conflict with the rules, we would stop being responsible. If men actually had free will that leads them to act responsibly, we would not be able to explain murder, theft or any illegal action that harms the society. When the murderer, the thief or the criminal perform their actions, it is because their motives are conflicting with the rules society set. Humans are subject to law of nature, without a cause, there is no effect; therefore we have no free will. According to Kant, one should act as if the maxim of one’s action were to become, a universal law of nature through one’s will. By stating that, Kant is actually making the law of nature subject to human free will, putting the effect before the cause. Schopenhauer presents an argument which explains why man are subject to law of nature: â€Å"For man, like all objects of experience, is a phenomenon in time and space, and since the law of causality holds for all such a priori and consequently without exception, he too must be a subject to it. † This suggests that we are experiencing the same causalities as every other being does, yet we are blind to see what is obvious. There are too many causes that affect men, which is why we get delusional while recognizing the causes. Both Kant and Schopenhauer use the billiard balls example to illustrate the relation between cause and effect. Kant states that we are not like billiard balls because we have the ability to make our own choices as rational beings. Whereas Schopenhauer suggests that we are like the more complex version of the billiard balls: we will only move if we are hit. We differ from billiard balls not because we have reason, but because we are so constantly hit that we stop perceiving the causes. Every single component in life cause our motives to shape in certain ways which is why it is so hard to recognize the causes we act upon. All our actions can be reduced to motives we have in order to satisfy our ultimate purpose: to live and to create life. Eventually we are ranned by simple motives such as maintaining our successive continuity of existence, reproduction or protection. Even a man who is about to commit suicide will pull his hand away if he accidentally touches a hot iron. His reflex will send faster signals to his brain before he can even acknowledge it. He would have no free will over that action; it would purely be him obeying the law of nature without even thinking about it. As subjects to law of nature, the decisions we make in our daily lives are mostly caused by the motives to find the best mate possible to create the best off spring. We do not necessarily recognize it, but even the most trivial choices we make, like the desire to drive a fancy car over a cheaper one, is not an act of free will. By doing so, just like a peacock showing his feathers, we are unconsciously lead by motives that push us into a certain direction which will make us more desirable as a mate. We want to be accepted by the society for the same reasons, being a part of a community provides a protection and opportunity to reproduce. The reason why a rich man would help the poor, or join a country club is not because he has free will that makes him morally responsible, or that he enjoys playing golf, but it is because that will make him more respected and better accepted by the society which he wants to belong. Our reflexes, hormones, neurons, our DNA and the causes that act on us condition the decisions we make. We choose to believe that we have free will because it makes us feel as if we have control on our life. As the biologist Lynn Margulis defines â€Å"Life is the strange fruit of individuals evolved by symbiosis. Swimming, conjugating, bargaining and dominating, bacteria living in intimate associations during the Proterozoic gave rise to myriad chimeras, mixed beings, of which we represent a tiny fraction of an expanding progeny. Through corporeal mergers disparate beings invented meiotic sex, programmed death, and complex multicellularity. Life is an extension of being into the next generation, the next species. † Nothing makes us any different than the bacteria, other than being more complex, that solely acted on their instincts. The only difference is the equation that determines our actions have many variables, whereas it was much fewer in prokaryotes. If we are able to understand that the simplest forms of life were acting upon the basic motives and no free will, we should be able to perceive that our actions are not different. The chemical distribution of our DNA will cause us to have an essence, which will determine our motives and actions under different circumstances. As the being gets more complex, the cause and effect relation will be harder to observe but still, there will not be free will.

Organizations face huge pressures

Organizations face huge pressures Factors forcing Change Organizations face huge pressures to change, from both internal and external sources, internal forces to change often as a result of long-term external forces. For example, Biggest Coal Mining companies internal pressure to expanding their activities to Coal mining and Energy plant Chemical industry, as a result of more and more other similar companies interested to engage with chemical industry. Internal Factors forcing change The factors internal to an organization that force changes can be identified through a formal analysis method. Most common among these methods is S.W.O.T. analysis. Strengths An organizations strengths, which help identify a competitive advantage or unique selling point, are of vital importance when deciding on changing the focus of the company. Weaknesses An organizations weaknesses are a real motivation to change. Weaknesses identified internally in a companys product or service, will require immediate attention and changing. The weakness would be resolved by a cultural change. Opportunities Opportunities that present themselves, like new contracts on other continents will force changes in the company, sometimes as simple as new working hours. With the differences in different customer expectations, modern companies need to remain flexible. Flexibility is a major cultural change that needs to be introduced. Threats Threats to an organization, usually in the form of competitors and substitution products force a company to react. To react effectively companies have to react quickly, which is a cultural change in a company. External Factors forcing change The factors external to an organization that force changes can be identified through the PESTELI acronym. Political Political factors would include the current and potential influences from political pressures such as unions and national pay agreements. Economic The local, national and world economy impact can force an organization into changing their work practices or even product prices. Social Changes in lifestyle absolutely force changes in organizations, but at a cultural level, socially changing attitudes towards work or ethical issues can also have effects on the culture inside an organization. Technical The ever-changing technical world in which we live has probably the most profound effect on organizational culture of all external factors. Technical improvement that allow employees to work from home, working teams to be separated by great distances and for customers to be located on the opposite side of the world from their suppliers. Anything that changes the day-to-day work of the employees has a profound effect on the organizations culture. Ecological The local, national and world ecological and environmental issues that have effects on culture at national levels filter down into the organizational culture within a company. Legislative The legal issues both locally and at an EU level, such as taxes and working time regulations also have effects on culture at a national level, filter down into the organizational culture within a company. Industry Industry changes have a huge effect on national culture. The move away from agriculture into industrial and now information economies has greatly changed the national working culture. WHAT IS ORGANIZATIONAL CULTURE? Managers and employees do not perform their duties in a value-free vacuum, their work and the way its done are governed, directed and tempered by the organizations culture. Burnes, B. (2004) ‘Managing Change. There are three main factors affecting the culture of an Organization, These are: The Founders basic assumptions The national culture The task in hand. Gargan, D. (2005) ‘Change Management Lecture Notes The Founders basic assumptions In a typical company the founders set up small and grow the company from one basic good idea. These founders go into business to make money, pure and simple. However, depending on the nature of their work certain assumptions made by the founders will immediately set the culture for the initial and all future employees. For example, â€Å"Energy resource† companys founders found out powerful innovation Coal-to-liquid (CTL technology). This is going to be very huge project and founders working on it very precise. Thats why they push all employees, who will probably not be given too much freedom and all work would be carried out along strict guidelines and the basic idea of management not trusting staff may be in place. The Founders basic assumptions immediately set the working environment and culture within an organization. The national culture National attitudes to working determine the employees general attitude towards working. Now every employee is different, but when talking about culture at a national level there are some basic truths that always apply. Some national cultural behaviour will lead the company toward organizational change, while others will hamper it. National Cultures that help change: Mongolian people leaving work place at 6pm on Friday to go to pub. This helps change culture, Idea is it leads to more integrated working environment, where everyone ends up talking about work and discussing opportunities and threats. Society encouraging further education National Cultures that hinder change: Japanese people not leaving the office until their boss has. (Over tired and less productive staff) Lunchtime drinking culture Unions and their involvement National pay agreements The task in hand The task in hand it the major defining factor towards the culture of a company. If the companys job is mainly customer service, meeting and dealing with people, then the organizations culture should be focused to customer. However, if the company is an innovator, its culture should be one of exploration and give more individual freedom to the employees. In this case we need look at how cultural change turn mining company employees into power plant industry employees. At different levels within an organization there are usually different tasks. For example, in â€Å"Chemical industry† company, there may have 3 distinct groups. 1) Research and Development This group will have brain storming culture and scientific research for innovative technology. 2) Professional Services This group works directly with customers, culture will be more customer focused as they are under more pressure. 3) Sales The sales group will have a â€Å"Yes† culture, never turning down any opportunity, and putting pressure onto the other two groups to deliver. Organizations structure effects on Culture â€Å"Energy Resource† company organized with Matrix organization structure. Its resources are shunted around the organization to meet the demand for attention that tasks require. Employees work less in fixed groups for long periods and so no pockets of different cultures can grow, but rather if Employees are unhappy with their work, the chances are that they can be easily moved, so as to maintain good working culture. Factors forcing Change Organizations face huge pressures to change, from both internal and external sources, internal forces to change often as a result of long-term external forces. For example, Biggest Coal Mining companies internal pressure to expanding their activities to Coal mining and Energy plant Chemical industry, as a result of more and more other similar companies interested to engage with chemical industry. Internal Factors forcing change The factors internal to an organization that force changes can be identified through a formal analysis method. Most common among these methods is S.W.O.T. analysis. Strengths An organizations strengths, which help identify a competitive advantage or unique selling point, are of vital importance when deciding on changing the focus of the company. Weaknesses An organizations weaknesses are a real motivation to change. Weaknesses identified internally in a companys product or service, will require immediate attention and changing. The weakness would be resolved by a cultural change. Opportunities Opportunities that present themselves, like new contracts on other continents will force changes in the company, sometimes as simple as new working hours. With the differences in different customer expectations, modern companies need to remain flexible. Flexibility is a major cultural change that needs to be introduced. Threats Threats to an organization, usually in the form of competitors and substitution products force a company to react. To react effectively companies have to react quickly, which is a cultural change in a company. External Factors forcing change The factors external to an organization that force changes can be identified through the PESTELI acronym. Political Political factors would include the current and potential influences from political pressures such as unions and national pay agreements. Economic The local, national and world economy impact can force an organization into changing their work practices or even product prices. Social Changes in lifestyle absolutely force changes in organizations, but at a cultural level, socially changing attitudes towards work or ethical issues can also have effects on the culture inside an organization. Technical The ever-changing technical world in which we live has probably the most profound effect on organizational culture of all external factors. Technical improvement that allow employees to work from home, working teams to be separated by great distances and for customers to be located on the opposite side of the world from their suppliers. Anything that changes the day-to-day work of the employees has a profound effect on the organizations culture. Ecological The local, national and world ecological and environmental issues that have effects on culture at national levels filter down into the organizational culture within a company. Legislative The legal issues both locally and at an EU level, such as taxes and working time regulations also have effects on culture at a national level, filter down into the organizational culture within a company. Industry Industry changes have a huge effect on national culture. The move away from agriculture into industrial and now information economies has greatly changed the national working culture. WHO CAN CHANGE CULTURE? Changing the culture of an organization is an extremely difficult task, but it may be necessary to get the results required. If an organization were thought of as a restaurant, and the employees as the waiters, content and well looked after waiters would go about their jobs in a pleasant manner and as a result tips would be high and the restaurant turnover would be high, as customers would enjoy eating there. However, on the other hand, if working at the restaurant was made difficult for the waiters, with an unpleasant working environment and impersonal culture, they might not go about their jobs with such enthusiasm, a lack of motivation would become obvious in their demeanour, tips would be low and restaurant business would suffer. So its in an organizations best interests to maintain a healthy and productive working culture. Changing an organizations culture can be done at the three distinct levels with an organization: Executive Management, Middle Management and regular employee level. Lets look at them in turn and consider two very different football clubs (Manchester United and Arsenal) as differing organizations. At an Executive Management level Executive management are the group that direct the organizations goals. So, in order for them to effect cultural changes, they may have to change the organisations direction. The organisation may need to be streamlined in order to make provisions for the desired changes. Inspiring and motivating staff through vision and mission statements as well as overall policies would be a common approach taken at this level. Changes introduced at the executive management level are the most difficult changes to resist, because employees are largely powerless against them. In the terms of the football clubs, the executive management would be the boards of directors, who can release certain amounts of funding for the operation of the team and/or make performance goals for league finishing positions. At a Mid-Management level Middle management is the level from which most organisational change comes from. These changes can take the form of new operations rules (e.g. Forced timesheet logging). Changing the working practice for employees, by making their working life more strict or more lenient, pushing more responsibility onto the individual employees or smaller changes like more frequent or earlier meetings. However, changes enforced or imposed by the mid-management are the most resisted. In the terms of the football clubs, the middle management would be the team managers. The managers can effect change by shouting at players and demanding results, as done by Alex Ferguson at Manchester United, or by talking through the current issues are working for a solution together with the players, as done by Arsene Wenger at Arsenal. As a regular employee Regular employees can change the culture in an organisation in the most effective manner. Through an observed work ethic or levels of professionalism or levels of â€Å"completeness† in their work, employees can pressure other employees to change how they work and this will filter around the organisation, effecting the change. Now there are two types of motivation that people respond to. One, the people who are shouted at and told what to do and told there will be consequences if they do not perform. This was the kind of tactic employed by Roy Keane at Manchester united. Two, the people who like to be told that they are doing a great job and encouraged to do a little more, but encouraged by someone who was obviously performing better. This was the kind of tactic employed by Patrick Viera at Arsenal. Guidelines for changing culture (Burns 2004) 1) Formulate a clear strategic vision. An organisation needs a clear vision with a well define strategy and values in place in order to be effective. 2) Display top-management commitment. Cultural change needs to be managed from the top down. Executive management need to agree to the plan and stick to it. 3) Model culture change at the highest level. Cultural changes need to be communicated through the actions of executive management. Management need to lead by example. 4) Modify the organization to support organisational changes. Cultural changes need to be reflected in organisational changes in order to back them up, if at all possible. 5) Select and socialize newcomers and terminate deviants. To really effectively change organisation culture, those who resist the change may need to be let go. People stuck in their ways that cannot adapt are of no benefit to the organisation going forward, sometimes this will manifest itself in the form of early retirement. The hiring of new people will be done with the new organisation culture in mind. 6) Develop ethical and legal sensitivity. Changing a culture then radically changing all the staff in a company may not only send out the wrong message, but actually be illegal or in breech of union regulations. Such plans need to be enacted very carefully. Conclusion Culture is a complex beast, derived from the personalities of all the current and previous employees of an organisation. As such, changing culture is equivalent to changing peoples thinking, which is a non-trivial exercise. The intricacies of culture and office politics are potentially huge and the initially obvious culture may just be the tip of the iceberg as regards the culture at large. The culture of an organisation does indeed determine its ability to change effectively, but this is a good thing. For small innovative organisations, where the company is based around a core nucleus of core staff, the attitudes and actions arising from those people will define the culture, usually into a vibrant and dynamic workplace, capable of changing quickly and often ahead of the times. On the other hand, in mature hierarchical structured organisations that have a large amount of management supported by a lower amount of staff, the culture will become more complex. Large organisations that have this structure (e.g. Financial Institutions), take time to change effectively, because not only does the structure of the company mean that it will take time for the changes to be propagated around the organisations, but the changes are more likely to be resisted at every level down the hierarchy from the executive management to the â€Å"real† works, who the changes will most likely effect the greatest

Uncovering Teachers’ Varying Views on Reading and Writing Instruction

Through an exploratory study, authors Poulson, Avramidis, Fox, Medwell and Wray, investigated how 225 effective teachers of literacy viewed certain literacy approaches/strategies and considered how their educational backgrounds influenced these views. This study also included a group composed of 71 math coordinators, which served as a comparison to the effective teachers of literacy. The instructional views of the effective teachers of literacy were compared to the instructional views of the math coordinators. Having a profession in research or education gives these authors authority to write about and share information on this topic of study. Poulson, Fox, and Medwell are education lecturers at universities. Avramidis is a â€Å"Research Fellow† and Wray is an education professor. The authors’ work experience gives credibility to this study. This study conducted in 1996-1998, appeared in a 2001 edition of Research Papers in Education. This article critique provides a s ummary of the exploratory study, discusses the relevance of the study to the classroom and determines how these authors define â€Å"literacy.† Content Summary This exploratory study sought to reveal effective teachers’ views of teaching reading and writing, in correspondence to their qualifications, and furthermore, compare the effective teachers’ views to a group of math coordinators. This exploratory study involved 225 effective teachers of literacy and 71 math coordinators, which served as a comparison group. The comparison group incorporated various levels of effectiveness (some were considered to be more effective than others). The teachers were selected from primary schools in Britain. The qualifications of the participants included â€Å"effective teachers’ education... ...r own views impact their reading and writing instruction. I determined that the literacy definition present in this study is reading and writing; reading by decoding words, previewing and repeating new words, and guessing unfamiliar words and writing by focusing on content versus correct spelling, varying the intended audience, and considering elements of presentation. I would recommend this study to any grade level teacher, literacy coach, or curriculum developer. After reading this article, these individuals could reflect on how their own views could be influencing their instruction. Works Cited Poulson, L., Avramidis, E., Fox, R., Medwell, J., & Wray, D. (2001). The theoretical beliefs of effective teachers of literacy in primary schools: An exploratory study of orientations to reading and writing. Research Papers in Education, 16(3), 271-292.

Long Swings In The Exchange Rate And The Excess Returns Puzzle: The Ro :: essays research papers

Long Swings in the Exchange Rate and the Excess Returns Puzzle: The Role of Imperfect Knowledge The paper is a clear breath of "dirty" air in the sterile world of perfect foresight. The authors offer a well worked out model of how agents persistently bid the exchange rate away from the expected long-run equilibrium rate. It seems intuitively comfortable to see the mathematical justification for the unexplained excess returns to be a function of the distance from the bench-mark (PPP). The uncertainty of a switch occurring in a regime (the Peso Problem) is an interest-ing form within which to embed the imperfect information. It is a format that seems ready to ex-pand into many other areas of economic modeling in which expectations are at the core of the model's dynamics. Of course, the choice of the benchmark is key to the mechanics of the process. In this case, PPP is an obvious choice†¦ but, since the idea of PPP drives this model so strongly, it is interesting to look at its place and its characteristics. In the paper, the authors note that if PPP holds, "relative excess demand for domestic and foreign goods is zero." The obvious suggestion, based on the model, is that the flow of goods and services is the foundation for the equilibrating dynamic. Behind the flow of goods and services is the gap between the gap between, domestic and foreign short-term rates, and the steady state long-run interest rate gap that sets goods flows to zero. The assumption is that the prices of the domestic and foreign goods in their respective for- eign currencies are "incorrect" based on the fundamentals of the respective countries and that agents know this (and know that the exchange rate path is unstable) but cannot be sure of the de-gree of "incorrectness" or the persistence of the di vergence. Embedded into this model are as-sumptions about PPP that provide comfort about this benchmark's ability to give the "correct" relative prices. It is possible that these assumptions, to some degree, mask the complexity of the situation with respect to PPP's ability to proxy relative prices. At the theoretical level, PPP should simply offer equal purchasing power for equal commodity bundles through the exchange rate. Unfortunately, the problem of explaining stylized facts requires some matching with reality. Set- tling for getting the signs right mitigates much of the angst, but, as has been

The Ideals Of Instrumental Music Essay -- essays research papers

At one point in the study of the Romantic period of music, we come upon the first of several apparently opposing conditions that plague all attempts to grasp the meaning of Romantic as applied to the music of the 19th century. This opposition involved the relation between music and words. If instrumental music is the perfect Romantic art, why is it acknowledged that the great masters of the symphony, the highest form of instrumental music, were not Romantic composers, but were the Classical composers, Haydn, Mozart, and Beethoven? Moreover, one of the most characteristic 19th century genres was the Lied, a vocal piece in which Shubert, Schumann, Brahams, and Wolf attained a new union between music and poetry. Furthermore, a large number of leading composers in the 19th century were extremely interested and articulate in literary expression, and leading Romantic novelists and poets wrote about music with deep love and insight. The conflict between the ideal of pure instrumental music (absolute music) as the ultimate Romantic mode of expression, and the strong literary orientation of the 19th century, was resolved in the conception of program music. Program music, as Liszt and others in the 19th century used the term, is music associated with poetic, descriptive, and even narrative subject matter. This is done not by means of musical figures imitating natural sounds and movements, but by imaginative suggestion. Program music aimed ...

Learning Styles and Competencies Essay

Learning Styles and Competencies I found my personality spectrum to be true of whom I am as an individual person. I understand psychology as a self-portrait of us and this allowed me to be exposed and confirmed my personality. I am a prodigious thinker because I love to solve problems while exploring new ideas and potentials. When I look back as a child I was very analytical and always kept to myself on figuring problems. This can establish well with math, science, or psychology in a field that I would never be bored of. I realize that when I think, I space out and find truth and this will always apply in my everyday tasks. I like to hear questions given time to figure out in my manner of learning. My other strength is a giver, and I have strong merit of being honest and will always make sure that I will make a difference. Whenever I perform my job duties I make sure I come in with good intentions. I deal with customer service all day and project task all in an eight hour shift. Many people I have seen in the past cheated or stole time that really affected the company along with the workplace. I tend to talk to these individuals into just working as a team instead of being a weak link. I am an easily approachable person, which make sense through this personality spectrum that people see through me. I love to talk business and make sure everyone wins which is a great strength I am well aware of. I know my strength and how I can utilize it further for my career and better myself as an individual. I acknowledge my weaknesses in organization and that adventurous type; however, this does mean I can improve from what I falter. These are a series of habits and familiarized myself to grow better as an individual. I must find patience and take a day at a time to permit myself to understand where I must lead on, become comprehensive, and also have the courage to take further steps. One of the goals was to head back into school and finish what I had started. I have come a long way from when I was young, I have new experiences that motivate me to finish and succeed for my career. I need to write down my different goals, find others who share that common goal and experience what everyone has to offer. I understand we ourselves cannot make alone but as a team we can. If I ever come through any issues, I understand my mentor can also guide me. This learning has helped me to understand further and apply myself for future experiences.

8051 Microcontroller Based

RF ground REMOTE CONTROL INTODUCTION- The Project great Range Remote Control stack be utilize to remotely manoeuvre a number of Electrical or Electronic Gadgets connected to it. Unlike downstairs Red remote declargon, this Project employs FM transmission and Reception, and hence it rear be used for comparatively longer range. whatsoever gadget can be switched on/off by keying the number all(a)ocated to it. The manslayer is made up of the famous 8 buffalo chip Micro meshler from Atmel. The Microcontroller is used as the headmaster in the receiver end which is used to control all the crooks.It decodes the Signal from the sender and control the relays according to the signal. For transmission we argon use oftenness modulation at the frequency of 433. 92Mhz. A BRIEF entranceway TO 8051 MICROCONTROLLER- When we adopt to learn about a new computer we have to acquaint about the machine capability we are using, and we can do it by canvass the sexual hardware design (dev ices architecture), and similarly to know about the size, number and the size of the registers.A microcontroller is a single hitch that contains the mainframe (the CPU), non- fickle memory for the political platform (ROM or flash), volatile memory for remark and payoff ( bone), a clock and an I/O control unit. Also called a computer on a chip, billions of microcontroller units (MCUs) are embedded all(prenominal) year in a countless of products from toys to appliances to automobiles. For example, a single vehicle can use 70 or more(prenominal) microcontrollers. The following picture describes a oecumenic block diagram of microcontroller.AT89S52 The AT89S52 is a low-power, high-performance CMOS 8- molybdenum microcontroller with 8K bytes of in- musical arrangement programmable trashy memory. The device is manufactured using Atmels high-density nonvolatile memory engineering and is compatible with the industry- regulation 80C51 instruction set and pinout. The on-chip Flash allows the program memory to be reprogrammed in-system or by a conventional nonvolatile memory programmer. By combining a versatile 8-bit CPU with in-system programmable Flash on a monolithic chip, the Atmel AT89S52 is a knock-down(a) microcontroller, which provides a highly flexible and ost-effective resolving power to many, embedded control applications. The AT89S52 provides the following standard features 8K bytes of Flash, 256 bytes of tug, 32 I/O concerns, watchdog timekeeper, twain information pointers, three 16-bit timer/counters, a six-vector two-level interrupt architecture, a profuse duplex serial port, on-chip oscillator, and clock circuitry. In addition, the AT89S52 is designed with static logic for exertion down to zero frequency and supports two software selectable power saving modes. The light(a) Mode stops the CPU speckle allowing the RAM, timer/counters, serial port, and interrupt system to continue functioning.The Power-down mode saves the RAM con-ten ts scarcely freezes the oscillator, disabling all separate chip functions until the next interrupt The hardware is set by a set of program instructions, or software. Once familiar with hardware and software, the user can then get into the microcontroller to the problems easily. The pin diagram of the 8051 shows all of the input/output pins unique to microcontrollers The following are some of the capabilities of 8051 microcontroller. ? Internal ROM and RAM ? I/O ports with programmable pins ? Timers and counters ? Serial data communicationThe 8051 architecture consists of these specific features ?16 bit PC &data pointer (DPTR) ?8 bit program status news show (PSW) ?8 bit stack pointer (SP) ?Internal ROM 4k ?Internal RAM of 128 bytes. ?4 register banks, each containing 8 registers ?80 bits of general purpose data memory ?32 input/output pins arranged as four 8 bit ports P0-P3 ? Two 16 bit timer/counters T0-T1Two external and three internal interrupt sources Oscillator and clock c ircuits THEORY- Radio oftenness remote control) A handheld, wireless device used to operate audio, video and other electronic equipment using radio frequency (RF) transmission.Unlike the more common infrared (IR) remotes, RF remotes do not require line of sight and do not have to be aimed at the equipment. In fact, RF remotes can be operated. RF Receivers (Base Stations) argon Required Since most equipment is IR establish and comes with an IR sensor located on the front panel, the RF must undulate up as IR. This is accomplished with an RF receiver, which is a base station and antenna, that accepts RF signals and converts them to IR. For use inside equipment footlockers, the receiver typically has an IR blaster that showers IR signals to all components by reflecting off the closed cabi last door.The RF receiver also has sockets for several(prenominal) IR emitters (IR flashers) that are wired to, and paste directly over, the IR sensors in the equipment for comminuted aiming. See IR remote control and RF. References- The 8051 microcontroller and Embedded systems using assembly and C Muhammad Ali Mazidi, Janice Gillespie Mazidi 1. Keil Software, dScope Debugger, http//www. keil. com/ 2. National Instruments Multisim 10. 0 www. ni. com/multisim 3. www. 8051projects. info 4. www. 8051projects. net 5. www. dnatechindia. com 6. AT89c51 datasheet available at www. alldatasheets. com