Wednesday, July 31, 2019

Philippine Spanish Era Essay

Chapter 8 1. Explain how the British occupation of the country opened the eyes of the people in certain regions to the idea of freedom and expulsion of the Spaniards? During this period, the Filipinos discovered how weak Spain was when it comes to armory when the British defeated them. Eventually, Archbishop Manuel Rojo surrendered Manila and Cavite thus exposing them furthermore as to how vulnerable they were. 2. Why did the economic plans of Governor-General Basco fail? His plans failed because of his establishment of government monopolies. These monopolies benefited only the government and not the people. There was much corruption because the government was the only one who can transact business and having the exclusive right to purchase, classify and sell all the products locally or even abroad made the people poorer. 3. Why were the Spanish authorities in the Philippines opposed to the education of the Filipinos? The Spanish authorities opposed the education of the Filipinos because as they feared it, Filipinos will come to learn about their rights of equality. 4. Explain how the middle class arose. Who composed the middle class? In 1834 the King of Spain opened Manila to foreign traders, thus starting the development of manufacturing and agriculture in the country. Many crops and other products from different regions were produced. Many ports were also opened including the introduction of the first modern machinery – called the sugar refinery. This started to improve the lives of the inquilinos or tenants in the haciendas as their families started to acquire wealth. They became the middle class, a group below the aristocratic Spanish officials and religious orders but higher or above the poor and uneducated Indios. 5. Explain how the opening of the Suez Canal affected the educated Filipinos. With the opening of the Suez Canal, travel from Manila to Spain was shortened. Because of this, there was an influx of progressive books and periodicals that circulated in the country, thus bringing in modern technology. Also, many Spaniards with progressive ideas migrated to the country influencing the educated Filipinos with their subversive ideas and activities who now clamored for changes in the administration of the colony. 6. What was the effect of the migration of liberal Spaniards on the educated Filipinos and mestizos? With the migration of the liberal Spaniards, the educated Filipinos were exposed to their subversive ideas and activities. And later on they were encouraged to go to Europe to continue their studies and prove that they were the equal of the Spaniards. 7. How did the Spanish Revolution of 1868 affect the events in the Philippines? The Spanish Revolution of 1868 affected the events in the Philippines by putting into practice the liberal principles of the revolutionists of Spain. 8. What were the reforms of Governor-General Carlos Maria de la Torre that endeared him to the educated Filipinos? The reforms of Governor-General Carlos Maria de la Torre that endeared him to the educated Filipinos were the abolishment of censorship of the press, removal of flogging as punishment and solving the problem of agrarian unrest in Cavite. 9. Why was liberalism in the Philippines short-lived? Why was a reactionary governor-general sent to the Philippines? Liberalism was short-lived in the Philippines when the Republic of Spain ended and the monarchy was restored. Governor-General Rafael de Izquierdo was sent in order to bring back autocratic rule, thus censorship of the press and restrictions on freedom of speech were restored. All those who favored Governor-General de la Torre were considered suspects that were spied upon. 10. Explain what is meant by secularization. How did this lead to Filipinization? Secularization was a campaign meant for Filipinos, Spanish mestizos or Chinese mestizos the right to administer the parishes. The secular priests felt that the position as parish head was denied to them because they were not Spaniards. This was eventually called Filipinization because of its racial overtone. 11. Why do you think the Spanish authorities called the Cavite mutiny a rebellion? The government believed it was a rebellion because some Spanish soldiers and officers were killed by the mutineers who were mosty Indios, mestizos , and criollos. 12. Explain the importance or significance of the execution of Fathers Gomez, Burgos, and Zamora? The execution of Fathers Gomez, Burgos, and Zamora made the people feel the need to unite being Filipinos and not as Ilocanos, Visayan or some other race. Chapter 9 1. Explain the nature of the reform movement. What did it stand for? The Reform Movement was created to introduce changes in the Philippines. There was discontentment not only among the poor but also among the educated and well-to-do Filipinos. The Reform Movement was the start for wealthy and educated Filipinos to air their complaints through peaceful means such as writings, speeches, organized societies and artworks. 2. Name the foremost reformists who went to Spain. Describe each of them. The important reformists who went to Spain were: Dr. Jose Rizal, Graciano Lopez Jaena and Marcelo H. Del Pilar. Dr Jose Rizal observed early in life how the Spanish authorities maltreated the Filipinos which made him swore to work the freedom of the country. He went to Spain for further studies in Medicine and learned several languages. His important novels – Noli Me Tangere and El Filibusterismo talked on the abuses and defects of the Spanish government which led to his death. Graciano Lopez studied in a seminary to become a priest and later on shifted to Medicine. Like Dr. Jose Rizal he observed the cruelty and immorality of the friars and government officials. He was a good writer and founded La Solidaridad, a newspaper intended to be the propaganda arm of the Filipino reformists. Marcelo H. Del Pilar, was the greatest journalist produced by the purely Filipino race. He finished Law Studies and starte d campaigning against the abuses of the friars and the civil officials. He founded Diariong Tagalog, a Tagalog-Spanish newspaper that talked on how to improve the administration of the government. Marcelo H. Del Pilar, like Dr. Jose Rizal wrote many books but unlike them, he wrote in the vernacular so he could reach the masses which were truly enjoyed and understood. 3. What did the reformist want? The reformist had several demands. First was to be represented in the Spanish Court, the right to vote, freedom of speech and freedom of assembly of the press, freedom of commerce, the removal of the friars from the Philippines because they were obstacle to progress, education of the people, reforms in the jails of the country and abolition of the diezmos prediales or the tithe consisting of one tenth of the produce of the land. 4. What is meant by assimilation? In what way or ways would it benefit the Filipinos? Explain your answer. Assimilation was one of the ideas included in the Reform Movement which aimed to make the Philippines a province of Spain thereby granting Spanish citizenship to Filipinos. If this idea was only accepted by the Spanish government, the Filipinos will enjoy the rights and benefits of being a Spanish citizen, ending cruelty and maltreatment of the Filipinos. 5. What were the aims of La Solidaridad? Why was it founded? The La Solidaridad was founded to become the propaganda arm of the reformists. It was aimed to fight reaction, to stop all efforts to keep the Philippines a backward country, to extol liberal ideas, and to defend progress. 6. In what way was Marcelo H. Del Pilar different from Rizal? As propagandist of the Filipino cause, who between the two was more effective? Explain your answer. Marcelo H. Del Pilar was different from Rizal in the sense that he wrote most of his books and articles in Tagalog so the Filipinos can truly understand its contents . For me Marcelo H. Del Pilar was more effective as a propagandist because his writings in Tagalog reached everyone from the poorest to the educated Filipinos. But because of lack of funds and his death, he was not able to continue this. Dr Jose Rizal, on the other hand wrote in Spanish which can only be read by the Spanish officials and friars and the educated Filipinos. It was only through his death that the masses came to understand his undertakings. 7. What role did the Pro-Filipino societies play? Why did they fail? The Pro-Filipino Societies were created as the starting ground for the reformists so they could find help from Spaniards with liberal ideas. The society was organized to propagate reforms in the Philippines in the form of a newspaper but then it was short-lived due to lack of funds and lack of leadership. 8. Explain how Masonry helped in the campaign for reforms. Name at least 2 Masonic Lodges in the Philippines during the Spanish period which helped propagate the cause of the Filipinos. How significant was Masonry for the Filipino women? Masonry is for the liberal-minded that’s why many Filipino reformists joined this. The aim of Masonry was the same with that of the reformists that’s why the two groups were actually hitting one bird with two stones. The Nilad and the WALANA were just two of Masonic Lodges established in Manila. The WALANA Masonic Lodge was composed of women. Through this the women were able to contribute their time to help propagate reforms. 9. Why did Rizal found the La Liga Filipina? What were its aims? Why was it not successful? In your opinion, was the La Liga a reformist or a revolutionary organization? Explain your answer. Rizal founded the La Liga Filipina as a civic society. Its aims were to unite the whole archipelago into one strong body; to give mutual protection of all members in case of necessity; to encourage agriculture, commerce, and education; to defend members against any kind of violence and injustice; and to study and apply reforms. It was not successful because the Spanish authorities felt it was dangerous which led to the arrest of Dr. Jose Rizal, instantly killing the Liga. For me the Liga was a reformist organization because its intentions were only to help improve the lives of Filipinos which was only a temporary solution. 10. Explain why the reform movement failed? The reform movement failed because: 1) The High Spanish officials in Spain were too busy attending to their own internal problems to bother the problems of a colony. 2) The reformists in the Philippines and in Spain did not have the necessary funds to make their campaign effective. 3) The reformists were not united because of jealousy among themselves. 4) He friars in the Philippines had influential friends and supporters in Spain who opposed the introduction of reforms. Chapter 10: 1. Explain why Marcelo H. Del Pilar shifted to the idea of revolution. What made him think in terms of revolution? Marcelo H. Del Pilar shifted to the idea of revolution because the reform movement which aims to secure the remedies for their problems in peaceful means was not effective.The Spanish government ignored the plight of the people that’s why Del Pilar decided that revolution is the only way to achieve their goal. 2. What was the immediate cause of the founding of the Katipunan? What caused Bonifacio to change tactics and strategy? Was he right to make such a change? The immediate cause of the founding of the Katipunan was to recruit Filipinos to become members through the method called the triangle system which aimed to minimize the danger of discovery by the Spanish authorities. But Bonifacio realized that the method was very slow in recruiting its members so he decided to adopt the system used by Masonry in enlisting its members which was a good idea because it was faster than the triangle method. 3. Explain briefly the â€Å"triangle method.† How successful was it in recruiting members for the Katipunan? The triangle method of enlisting members of the Katipunan started with a member recruiting 2 new members who did not know each other and the 2 new members will do the same.It was not that successful because they were able to enlist few members. This method was very slow in its process that’s why they just decided to get as many new members as they could. 4. What were the aims of the Katipunan? In what ways was the Katipunan different from La Liga Filipina? The aims of the Katipunan were based on civic, political and moral objectives.Civic objective was based on the principle of self-help and the defense of the weak and the poor. Political objective was the separation of the Philippines from Spain and lastly moral objective focused on the teaching of good manners, hygiene, and good moral character. The La Liga worked for radical reforms using peaceful means while the Katipunan on the hand aimed to regain the Philippines and be freed from slavery through revolutionary means. 5. In what way did the Katipunan government resemble or differ from the Spanish colonial government? The Katipunan stood as a real government like that of Spain because it was governed by a Supreme Council as it was a King for Spain. They also had the Sangguniang Hukuman which was the Spanish Cortes.But the Katipunan was more nationalistic in nature because they had teachings called the Decalogue that must be the guide of the members. And most of all every activity of the Katipunan government was done in secrecy so as not to de discovered by the Spanish authorities. 6. When Bonifacio worked for the replacement of Deodato Arellano and Roman Basa as supremo of the Katipunan, what trait or character did he show? Was Bonifacio right in replacing Arellano and Basa? Give your reasons. Bonifacio was a very perfectionist man. He saw that Arellano and Basa were not good in doing their jobs that’s why he decided on his own to work for their replacement. He proved himself to be a better leader but the means of replacing Basa and Arellano was based on his influence. But on the other hand, the lack of leadership of Arellano and Basa wasted the time of the Katupunan. 7. Name the grades of membership of the katipunan and their respective passwords. What do you notice about the passwords, particularly the use of Rizal for the highest member? The first grade was the catipon with their password – Anak ng Bayan, the second was kawal with their password GOM-BUR-ZA and lastly, Bayani with password RIZAL. The highest member being the leader and founder of the Katipunan used Rizal as password being their ultimate source of inspiration in their fight for freedom. 8. Explain why Bonifacio invented the Katipunan secret codes. How would you characterize Bonifacio for inventing such codes? Bonifacio invented the codes to avoid being discovered by the Spaniards.He had shown his ingenuity knowing this would protect the Katipunan by making it difficult for the Spaniards to read letters or any written communication. 9. Why were the Katipunan members called the sons of the people? Explain this very carefully. They were called the sons of the people because their ultimate goal was to free the Philippines from Spain and to protect the rights of the people. In The Katungkulang Gagawin ng mga Anak ng Bayan which was written by Bonifacio, stated that love of God is also love of country and this too is love of one’s fellowmen. By this statement alone the Katipuneros proved themselves to be guardian of the Filipino people that,s why they were the sons of the people. 10. Why was a Katipunan branch for women founded? Who were its members? Andres Bonifacio wanted to involve the women in the Katipunan that’s why a branch for women was founded. The members were limited only to the Katipuneros’ spouses, sisters, daughters and other selected women. 11. In what way did the Kalayaan help propagate the revolutionary ideas of Bonifacio and Jacinto? The Kalayaan contained articles written by Bonifacio, Jacinto and Valenzuela. The newspaper reached the farthest provinces influencing many Filipinos to become members of th Katipunan. 12. Identify and comment on the following code names: Madlang-Away; Agapito Babumbayan; and Pingkian. Madlang-Away was the code name of Pio Valenzuela stood for the fight of the masses for freedom. Agapito Bagumbayan, the pen name of Bonifacio, stood the death of Rizal in Luneta or Bgumbayan.

Tuesday, July 30, 2019

Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Different Nations

MAHARASHTRA HYBRID SEEDS COMPANY LIMITED 1  © This is a licensed product of Ken Research and should not be copied T ABLE OF CONTENTS 1. Executive Summary: Maharashtra Hybrid Seeds Company Limited 2. Maharashtra Hybrid Seeds Company Limited Business Overview 2. 1. 2. 2. Major Investments in the Company Evolution 2. 3. Maharashtra Hybrid Seeds Company Limited Organisational Structure 2. 4. 3. Corporate Timeline Business Model of Maharashtra Hybrid Seeds Company Limited Maharashtra Hybrid Seeds Company Limited Product Portfolio . 1. 3. 2. Field Crop Seeds 3. 3. Oil Seeds 3. 4. 4. Hybrid Cotton Vegetable Crop Seeds Maharashtra Hybrid Seeds Company Limited Financial and Valuation Analysis 4. 1. Valuation Analysis and Financial Summery 5. Maharashtra Hybrid Seeds Company Limited Analyst Recommendations 6. Maharashtra Hybrid Seeds Company Limited SWOT Analysis 7. Maharashtra Hybrid Seeds Company Limited Key Professionals 7. 1. 8. Management Profile Macro Analysis of Seed Industry 8. 1. In dian Hybrid Seed Industry Market Size, FY’2008-FY’2012 8. 2.Indian Hybrid Seed Industry Segmentations, FY’2012 8. 2. 1. 8. 3. By Type of Crops Market Share of Major Players in the Indian Hybrid Seed Industry, FY’2012 8. 3. 1. By Hybrid Cotton 8. 3. 2. By Hybrid Field Crop Seed 8. 3. 3. By Hybrid Vegetable Crop Seed 2  © This is a licensed product of Ken Research and should not be copied 9. Maharashtra Hybrid Seeds Company Limited Competitive Analysis 9. 1. By Products Offered/ Revenue/ Business Strategy 10. Maharashtra Hybrid Seeds Company Limited Management Outlook and Future Projections 10. 1. 11.Maharashtra Hybrid Seeds Company Limited Future Projection Appendix 11. 1. Market Definitions 11. 2. Abbreviations 11. 3. Research Methodology 11. 4. Disclaimer 3  © This is a licensed product of Ken Research and should not be copied L IST OF FIGURES Figure 1: Maharashtra Hybrid Seeds Company Limited Corporate Timeline 1964-2013 Figure 2: Maharashtra Hybrid Seeds Company Limited Organizational Structure Figure 3: Maharashtra Hybrid Seeds Company Limited Business Model Figure 4: Maharashtra Hybrid Seeds Company Limited Product Portfolio Figure : Maharashtra Hybrid Seeds Company Limited Financial Performance on the basis of Revenues and EBIT in INR Crore, FY’2008-FY’2012 Figure 6: India Hybrid Seed Industry Market Size and Contribution in the Overall Indian Seed Market on the Basis of Revenue in INR Crore and percentage, FY’2008-FY’2012 Figure 7: India Hybrid Seed Industry Segmentation on the Basis of Contribution in the Overall Hybrid Seed Industry in Percentage, FY’2012 Figure 8: Market Share of Major Players in Indian Hybrid Seed Market on the Basis of Contribution by Revenue in Percentage, FY’2012Figure 9: Market Share of Major Players in Indian Hybrid Cotton Seed Segment on the Basis of Contribution by Revenue in Percentage, FY’2012 Figure 10: Market Share of Major Players in Indian Hybrid Corn Seed Segment on the Basis of Contribution by Revenue in Percentage, FY’2012 Figure 11: Market Share of Major Players in Indian Pearl Millet Seed Segment on the Basis of Contribution by Revenue in Percentage, FY’2012 Figure 12: Market Share of Major Players in Indian Paddy Seed Segment on the Basis of Contribution by Revenue in Percentage, FY’2012Figure 13: Market Share of Major Players in Indian Vegetable Seed Segment on the Basis of Contribution by Revenue in Percentage, FY’2012 Figure 14: Maharashtra Hybrid Seeds Company Limited Future Projections on the Basis of Revenues and EBIT in INR Crore and Percentage, FY’2013-FY’2017 Figure 15: Non-linear Regression Analysis and Scatter Chart Based upon Indian Hybrid Seed Industry Market size, FY’2008-FY’2012 4  © This is a licensed product of Ken Research and should not be copied L IST OF TABLESTable 1: Maharashtra Hybrid Seeds Company Limited Financial Summary on the B asis of Revenue, Growth and EBIT Margin in INR Crore and Percentage, FY’2008-FY’2012 Table 2: Maharashtra Hybrid Seeds Company Limited Major Investments in Company Evaluation on the Basis Deal Type, Stake, Deal Value and Implied Enterprise Value in INR Crore Table 3: Maharashtra Hybrid Seeds Company Limited Products Offered in Hybrid Cotton Seeds on the Basis of Different Zones in India Table 4: Maharashtra Hybrid Seeds Company Limited Products Offered on the basis of Different Field Crop SeedsTable 5: Maharashtra Hybrid Seeds Company Limited Products Offered on the Basis of Different Oil Seeds Table 6: Maharashtra Hybrid Seeds Company Limited Products Offered on the Basis of Vegetable Crop Seeds Table 7: Company Comparables on the Basis of Revenue in INR Crore, FY’2008-LTM year ending 31st December 2012 Table 8: Company Comparable Analysis on the Basis of Market Capitalization, Net Debt and Enterprise Value and Valuation Multiples in INR Crore and Multiples, LT M 31 st December 2012 Table 9: Relative Valuation Analysis on the Basis of Deal Value, Deal Stake and Multiples in INR Crore, Percentage and MultiplesTable 10: Maharashtra Hybrid Seeds Company Limited Board of Directors Table 11: Company Comparables on the basis of Services Offered, Revenue and Business Strategies Table 12: Regression Coefficients of the Maharashtra Hybrid Seeds Company Limited Table 13: Regression Intercepts of the Maharashtra Hybrid Seeds Company Limited 5  © This is a licensed product of Ken Research and should not be copied E XECUTIVE SUMMARY: MAHARASHTRA HYBRID S EEDS COMPANY LIMITEDMaharashtra Hybrid Seeds Company Limited also known as Mahyco, is a privately owned company and is headquartered in Jalna, Maharashtra. Mahyco is among the largest hybrid seed producers in India. The company is involved in the research and development, production, marketing and distribution of various hybrid seeds such as cotton seeds, field crops, vegetable crops and oil seeds. T he company has a prime focus in the generation and distribution of hybrid cotton seeds in the Indian hybrid seed market.Key Differentiators ? ? ? ? More than 1,000,000 cultivators are involved in seed production Competition and Positioning ? ? ? ? Leading position in the Indian hybrid cotton market Key Developments ? World’s foremost company to commercialize F1 hybrid cotton based on GMS/CMS system ? ? ? ? Financial Summary Maharashtra Hybrid Seeds Company Limited Financial Summary on the Basis of Revenue, Growth and EBIT Margin in INR Crore and Percentage, FY’2008-FY’2012 Particulars FY’2008E FY’2009 FY’2010 FY’2011FY’2012 Revenue Growth% EBIT Profit% 6  © This is a licensed product of Ken Research and should not be copied C ORPORATE TIMELINE On 11th November 1964, the company started its operation with the prime focus towards genetic research of plant and production of different varieties of seeds. In 1966, the company star ted its first research and development center in India with an objective of develop new products and increase its penetration in the Indian seed market. In 2013, Performance Plant Inc. nd Maharashtra Hybrid Seeds Company Limited have entered into a license agreement†¦ Maharashtra Hybrid Seeds Company Limited Corporate Timeline 1964-2013 M AHARASHTRA HYBRID SEEDS COMPANY LIMITED O RGANISATIONAL STRUCTURE The company has 9 processing centers across the nation situated at Maharashtra, Karnataka, Andhra Pradesh, Gujarat, Madhya Pradesh, Rajasthan, Punjab, Haryana and Uttar Pradesh with annual seed processing capacity of over ~ quintal in these 9 centers†¦ 7  © This is a licensed product of Ken Research and should not be copiedMaharashtra Hybrid Seeds Company Limited Organizational Structure B USINESS MODEL OF MAHARASHTRA HYBRID SEEDS COMPANY L IMITED Business cycle of the company starts with the procurement of input supplies for research and development departments. Input su pplies are the principal driver for the production of new and improved hybrid seed products†¦ After harvesting of seeds, the company transfers these seeds to processing centers for further processing and quality testing†¦ 8  © This is a licensed product of Ken Research and should not be copiedOnce the products are finished and packed the company distributes these products to different distributors across the nation†¦ Maharashtra Hybrid Seeds Company Limited Business Model M AHARASHTRA HYBRID SEEDS COMPANY LIMITED P RODUCT PORTFOLIO The company has a product portfolio of more than ~ hybrid products in ~ different crop species offering hybrid cotton, field crops, oilseeds and vegetables crops. The company offered ~ types of hybrid cotton, ~ types of field crops, ~ types of oil seeds and different types of vegetable seeds verities.  © This is a licensed product of Ken Research and should not be copied The company is continuously focusing on the research and developme nts of new products such as genetically modified (GM) rice, wheat, cauliflower, pigeon pea and okra†¦ Under the guidance of Department of Biotechnology, Government of India the company has been involved in different projects for the development of new products and new technologies and also the company has entered into various partnerships with other institutions†¦Maharashtra Hybrid Seeds Company Limited Product Portfolio 10  © This is a licensed product of Ken Research and should not be copied M AHARASHTRA HYBRID SEEDS COMPANY LIMITED F INANCIAL AND VALUATION ANALYSIS V ALUATION ANALYSIS AND FINANCIAL SUMMERY Revenue of the company has shown a CAGR growth of ~ % from FY’2008-FY’2012. The company has witnessed this growth due to constant development of new products and by improvements in its current product portfolio. Mahyco has pent INR ~ core in FY’2011 on research and development as compare to INR ~ crore in FY’2010 which showcase the compan y’s interest to enhance the quality of its products†¦ In FY’2011 and FY’2012 the company has shown a marginal growth of ~% and ~% respectively in revenues mainly due to increased competition in the hybrid cotton market†¦ As on 31st December 2012, Mahyco has been valued at INR ~ crore on company comparables basis. The company has been valued at average revenue multiple of ~x of different publically listed seed companies in India†¦Maharashtra Hybrid Seeds Company Limited Financial Performance on the basis of Revenues and EBIT in INR Crore, FY’2008-FY’2012 700. 0 600. 0 500. 0 400. 0 300. 0 200. 0 100. 0 0. 0 FY'2008 FY'2009 Revenues FY'2010E FY'2011 FY'2012 EBIT 11  © This is a licensed product of Ken Research and should not be copied Company Comparables on the Basis of Revenue in INR Crore, FY’2008-LTM year ending 31st December 2012 Revenue (in INR Crore) FY’2008 FY’2009 FY’2010 FY’2011 FY’2 012 LTM JK Agri Genetics Ltd. * Advanta India Limited** Monsanto India Ltd. Kaveri Seeds Company LimitedNath Seeds India Limited Company Comparable Analysis on the Basis of Market Capitalization, Net Debt and Enterprise Value and Valuation Multiples in INR Crore and Multiples, LTM 31st December 2012 (INR Crore, unless Stated) Company Last Twelve Months (LTM) Year Ending December 2012 Market Cap Net Debt Enterprise Value (EV) EV/Revenue EV/EBITDA P/E JK Agri Genetics Ltd. Advanta India Limited Monsanto India Ltd. Nath Seeds India Limited Kaveri Seeds Company Limited Mean Median 12  © This is a licensed product of Ken Research and should not be copiedRelative Valuation Analysis on the Basis of Deal Value, Deal Stake and Multiples in INR Crore, Percentage and Multiples Date Target Company Deal Type 21-Feb-13 R J Biotech Limited IPO 24-Nov-12 Century Seeds Private Limited Inbound Acquisition 26-Jul-12 Advanta India Limited Inbound Acquisition 21-May-12 Bisco Bio Sciences Private Limit ed Inbound Acquisition 14-May-12 NaanDanJain Irrigation Limited Domestic Acquisition 24-Apr-12 Zero Waste Agro Organics Private Limited Domestic Acquisition 2-Apr-12 Super Agri Seeds Private Limited Private Equity Fund Raise 5-Mar-12 Gold'N ChicksLimited Inbound Acquisition 9-Dec-10 Metahellix Life Sciences Domestic Acquisition 7-Jan-08 Unicorn Seeds Limited Block Trade 22-Dec-07 Syngenta India Limited Inbound Acquisition 1-Jun-07 Golden Seeds Private Limited Deal Value INR (Cr) Stake % Implied EV/ Revenue Implied EV/ EBITDA Implied EV/ PAT Block Trade Mean Median 13  © This is a licensed product of Ken Research and should not be copied M ACRO ANALYSIS OF SEED INDUSTRY M ARKET SHARE OF MAJOR PLAYERS IN THE INDIAN HYBRID S EED INDUSTRY, FY’2012 The Indian hybrid seed industry is dominated by Nuziveedu Seeds Private Limited.The company has a market share of ~ % in the overall Indian hybrid seed industry followed by Mahyco and Monsanto India limited which have a share of ~% an d ~% respectively†¦ For Monsanto India, corn hybrid seed was the single biggest focus in seed business. Through its Project Golden Rays project the company has signed a public-private partnership with Rajasthan state government for increasing the maize hybrid yields by two folds†¦ Market Share of Major Players in Indian Hybrid Seed Market on the Basis of Contribution by Revenue in Percentage, FY’2012Nuziveedu Seeds Private limited Maharashtra Hybrid Corporation (Mahyco) Monsanto India Limited (MIL) Rasi Seeds Private Limited Bayer Crop Science limited – India Pioneer Seeds Syngenta India Ltd. Others 14  © This is a licensed product of Ken Research and should not be copied M AHARASHTRA HYBRID SEEDS COMPANY LIMITED M ANAGEMENT OUTLOOK AND FUTURE PROJECTIONS The company is planning to increase its focus on product portfolio of the company by increasing its expenditure on research and development.It is expected that the company will increase in research and dev elopment expenditure from INR 55. 0 crore to INR 100. 0 crore per year in the next four years. These expenditures will have a direct impact on the company’s revenues by bringing new and innovative products. Additionally, these research and development expenditures will also improve the quality of current product portfolio of the company which will lead to more cost efficient production process for the company. Due to this revenue of the company is expected to cross INR 2,000. crore till FY’2017 as improvement in products of the company through research and development will generate positive cash flows in the future and will lead to amplification of company’s revenues. It is expected that with the increase in revenues, operating margin of the company would also showcase an increasing trend. Additionally, Mahyco is planning to expand its operations in different nation specially neighbor countries of India by bringing new and innovative products so as to increase i ts penetration in the international seed market.M AHARASHTRA HYBRID SEEDS COMPANY LIMITED FUTURE P ROJECTION Maharashtra Hybrid Seeds Company Limited is expected to cover hybrid paddy seed market in different countries such as ~ and ~. In FY’2012 the company has already started its commercial production in these nations and expected to increase the commercial production of these products in future as well. This will increase the market penetration of the company in the international seed market and will amplify the company’s revenues.Additionally, the company is expected to diverse its focus towards the production of hybrid rice seeds in the Indian seed market. As of now hybrid rice is contributing only ~% of the company’s overall revenues†¦ 15  © This is a licensed product of Ken Research and should not be copied Maharashtra Hybrid Seeds Company Limited is planning to introduce genetically modified (GM) seeds in food items in ~ and ~. Introduction of the se GM seeds will increase the company’s revenues from the international seed market†¦ The company is expected to showcase a revenue growth at a CAGR of ~% from FY’2012FY’2017.Mahyco is focusing on the development of Bollgard-II roundup ready flex cotton (BGII RRF)†¦ EBIT margin of the company is expected to be little under pressure as the company is expected to spend substantial amount in research and developments. EBIT of the company is expected to grow at a CAGR of ~% from FY’2012-FY’2017†¦ Maharashtra Hybrid Seeds Company Limited Future Projections on the Basis of Revenues and EBIT in INR Crore and Percentage, FY’2013-FY’2017 2,500. 0 26. 0% 25. 0% 2,000. 0 1,500. 0 23. 0% 22. 0% 1,000. 0 in Percentage INR Crore 24. 0% 1. 0% 500. 0 20. 0% 0. 0 19. 0% FY'2013 FY'2014 Revenue FY'2015 FY'2016 FY'2017 EBIT Margin 16  © This is a licensed product of Ken Research and should not be copied D ISCLAIMER The research reports provided by Ken Research are for the personal information of the authorized recipient and is not for public distribution and should not be reproduced or redistributed without prior permission. You are permitted to print or download extracts from this material for your personal use only. None of this material may be used for any commercial or public use.The information provided in the research documents is from publicly available data and other sources, which are reliable. 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Monday, July 29, 2019

Biomedical and Biopsychosocial Models of Healthcare

Biomedical and Biopsychosocial Models of Healthcare Critical Evaluation on the Future of Healthcare: The Biomedical or the Biopsychosocial Model The Biomedical Model This model has been in existence since the mid-19 th century and was predominant for physicians in the diagnosis of diseases. It comprises of four elements. It argues that, that health constitutes the freedom of pain, disease or defect which implies the normal human is healthy. In this model, the focus on the physical processes such as biochemistry, physiology and pathology of a disease do not take into consideration the role played by individual subjectivity or social factors. Unlike the biopsychosocial model, the biomedical model fails to consider negotiation between a doctor and patient in determining diagnosis. The main focus in this model is purely biological factors. It excludes social influences, environment and the psychological ones. Western countries have adopted it as a leading modern way for which health professionals treat and diagnose conditions. Regardles s of the limitations that this model expresses, it has been critical in the development of programs to control infectious diseases. In addition, it feeds more information to the biopsychosocial approach (White, 2009). The Biopsychosocial Model This is an approach that states that psychological, social and biological factors all play a key role in the human functioning in relation to illness and disease. Health is thus understood by concentrating on biological, social and psychological factors rather than entirely focusing on biological terms. It contrasts to biomedical model. Biomedical model takes the position that every disease process can be explained in accordance to deviations in normal functions such as injury, developmental abnormality in genes or virus (White, 2009). This model is used in the fields of medicine, health sociology and psychology and nursing. The acceptance, novelty and prevalence of the biopsychosocial model demonstrates variation across cultures. The model ha s been developing over time and will only mature further with health psychology designs and research. The Future of Healthcare The biopsychosocial model is at the heart of the future of healthcare. Specialization in healthcare has advanced to fields of health psychology, psychiatry, chiropractic, clinical psychology, family therapy and clinical social work. Majority of clinicians will engage the elements of biopsychosocial and biomedical models in the practices they engage in. However, it is arguable that all illnesses whether functional or organic can be managed best going by the biopsychosocial framework rather than the biomedical in practice. The two models seem to share the same goal which is improving the improvement of the patient’s well-being. What differs is the scope on which the physician considers impairment including its origin and the possible remedies. The biopsychosocial framework expands the meaning of this goal and applies it in clinical processes. Illness is approached as the subjective sense of suffering by the patient. The goal of managing the disease thus needs to identify the specific exposures of the patient which are biological, social and psychological. Potential Disabilities of the Biomedical Model The biomedical model will lose its position in the future of healthcare as it assumes that social and psychological processes are irrelevant to the disease’s process. The potential disabilities it exposes are massive. It mainly has three liabilities. First, the model is reductionist in nature. It reduces illness to lower level processes. These include chemical imbalances and disordered cells. It thus fails to recognize the general role of psychological and social determinants. Secondly, the model is a single-factor model. The explanation for illness is in terms of biological malfunctions rather that recognition of a variety of factors with only a few being biological in the causation of illness. The third liability is that the model assumes a mind-body dualism. It maintains that the body and mind are two separate entities. The final but not least liability is that the model puts more emphasis on illness over health. The focus is aberrations that cause illness instead of the conditions that would promote health.

Understandings of Anderson's (2007) 'Imagined Communities' Essay

Understandings of Anderson's (2007) 'Imagined Communities' - Essay Example Understandings of Anderson's (2007) 'Imagined Communities' Other analysts for the concept will be included in the essay. Conclusion This compilation provokes will thought that ‘Imagined communities’ actually exist and that all nations have endeavored to strive towards accomplishing their imaginings. Anderson's 'imagined communities' The concept of imagined communities has had numerous opinions among various analysts and researchers in the context of geographical notion. In the words by Anderson, the concept of imagined communities is of the opinion that nations are not fallacial as the word imagined contemplates (6). Rather, this concept means that the making of a nation is of the meaning that the states are created from various processes that are common to the populace of that particular state. According to the research conducted by Anderson, the concept of ‘imagined communities’ relates to the fact that all persons hope to have touch with the members of their state and all that these members engage in (7). At most times, the members of the nation do not have the opportunity to interact with each other, meet all the members of the nation or even interact with all, but they all act in communion. Anderson continues to emphasize that imagined communities are mostly shaped by the institutions that are put in place in the nation (6). These institutions range from the political to cultural systems. Through these institutions, the beliefs, opinions and outlooks shared by a people in the nations are shared generally. The nation is indeed a large territory that encompasses numerous persons from all walks of life, with finite boundaries. These boundaries, must however bar persons from interacting with each other, but bring them together at all times (Chasteen & Castro-Klaren, 117). Additionally, Anderson is of the opinion that nations are imagined from the fact that all nations hope to be free (142). This relates to the sovereignty of the state and limited demography or spatial barriers. The hierarchies present in a nation as expected of a sovereign nation are in one way or another imagined being absent, and freedom is the pillar of the nation. The nation is expected to have assumed the archaic systems and replaced them with societal systems that include all persons in the social order. The nation, in this case, is one that should be inclusive of rule and sovereignty. Anderson emphasizes that this form of rule must be allow the nation exercise its authority over its citizens (6). On another point of view, the nation is imagined for the reason that all nations always hope to have a form of solidarity despite the forms of inequality and abuses prevalent in the nations (Anderson, 137). Members of the nation will always endeavor to uphold respect for each other for the nation is considered greater than all the individuals. It is also in this line that the members of the nation uphold respect and love for each other and will not watch the nation derail due to their individual differences. The imaginings by the members of these nations steer the nation towards heights of success. It is also evident that the members of the nation will be more than willing to offer any thing to see the achievement and maturation of their imaginations of a successful nation. This is a depiction of

Sunday, July 28, 2019

Write in your own words about the life of saint Bernadette Assignment

Write in your own words about the life of saint Bernadette - Assignment Example They had no means of survival and the family of six had to live in one room and eat any food that came their way. She lived in poor health during her early life and was struck by illnesses such as asthma, tuberculosis and had survived cholera, and these attacks made her be cut off from the religious lives. One day in 1858 when she was sent to fetch firewood with her sister and a friend, she met a beautiful lady who smiled at her and made the sign of a rosary. Bernadette knelt and took her rosary and started praying. Mary mother of God had appeared to her as a beautiful lady, and she also appeared seventeen other times after this day and had a conversation with her. She told Bernadette that sinners should repent their sins and be accepted back by God and also that a church be built. When she told people about her vision, many did not believe her, and she had to suffer a lot before people could believe her (Paulos, 2003). One day our lady to dig a hole where water sprung out, began to flow out and began growing bigger and bigger. When people begun using this water, miracles happened. Bernadette w as very humble, and when she grew older she became a nun. She got too much attention, which she dint like and went to a school run by catholic sisters where she learnt to read and write. She spent the rest of her life working as a helper in the infirmary, a job she liked a lot. She died at the age of 35 in 1879 and her body put to rest the Saint Gildard Convent (Paulos,

Saturday, July 27, 2019

To what extent did the Second World War transform European societies Essay

To what extent did the Second World War transform European societies - Essay Example death kind of ending to the World War II with the atomic bombs exploding in Japan and large scale death and destruction in Europe became a great resentment for every one. The impact of the violence was never lost in that generation of people who saw death and destruction like never before. This led to the formation of United Nations on one end and on the other; there was a strong support in the social front of every nation to be out of the violence (Giddens, A. 1985). Military was slowly and steadily weaned away from the ruling community over a period of time. It happened in all major countries who were involved in the war. Though immediately after the war, the war heroes were honoured and they were dominating in the political sphere too. But soon, military lost its ground with respect to the political power and clout that they wielded. This was seen as a victory for the peace loving society at large. Many social practices were influenced by the World War II. Ideologies could not hold ground because of the violence that they were seen to breed (Hobsbawm, E. 2002). Fascism found its natural death after the huge violence that its practices preached. While large scale political changes were in the offing with the increasing effect of communism and labour right movements across the world. The class divide was coming down. Though there was large scale dissatisfaction on many of the practising ideologies, people realised the importance of non-violent protests. Never again, could there be another French revolution with large scale blood letting. Now, people could find themselves raising protests in a more democratic way though violence did and continues to show its head either as a terrorist attack or during a protest march turning itself into riots. The tendency to rope in peace in the continent was wide spread. Most people wanted peace more than anything else. But still there was the nostalgic feeling of war and the glory that victory brings. This feeling is like the

Friday, July 26, 2019

Write about Auguste Escoffier Research Paper Example | Topics and Well Written Essays - 250 words

Write about Auguste Escoffier - Research Paper Example He moved to Carlton Hotel in 1899 to make his haunte cuisine familiar to the people. Emperor William II is reported to have said to Escoffier, "I am the emperor of Germany but you are the emperor of chefs"(Aakanksh, 13). He received an award of Legion of Honor in 1920 and was made officer of the order in 1928 (Aakanksh, 13). The beginning of 20th century made Escoffier France’s most skillful and popular chef. (Les, n.d) One of the most remarkable contributions made by Escoffier was to organize discipline in his kitchen by introducing a systematic method to eliminate chaos. This method was known as the brigade de cuisine system in which each section of the kitchen was to be handled by a different chef. Escoffier is popular all over the world. Even today his techniques, recipes, traditions and approaches to kitchen management remain highly influential today. (Les, n.d) Besides being a well known chef, Escoffier was a great writer as well. Le Guide culinaire (1903), Le Livre des menus (1912) and Ma cuisine (1934) are his books that have contributed to his writings. From 1911 to 1914, the monthly magazine Le Carnet d’epicure was published by Escoffier which became reputed in its time. Escoffier died on February 12 1935 in Monte-Carlo, Monacco. (Aakanksh,

Thursday, July 25, 2019

Critically evaluate the contribution of secondary retail and Essay

Critically evaluate the contribution of secondary retail and merchandising at FIFA World Cup - Essay Example Most organizations, businesses and non-commercial institutions will want to be a part considering the magnanimous influence it has on the entire global community. Notably, due to the enormous cost of organizing such a huge event, FIFA would not be able to manage the tournament devoid of the significant support of commercial affiliates, the host country and cities (Hunt, 2006, pp. 44). All these stakeholders make essential financial donations to ensure that the privately funded experience remain in course. In return for the decisive support, FIFA’s rights holders are assured an elite relationship with the competition, especially the privilege to use the Official Marks for advertising and promotional purposes. In as much as, there are several organizations and institutional that support FIFA at different levels, the paper focuses on the contribution of secondary retail and merchandising at FIFA World Cup. The 2014 FIFA World Cup is anticipated to entertain over six billion TV viewers across the world and other internet followers. Coca-Cola representatives said it has a program in the U.S. that supersedes contribution in Summer Olympics. McDonald’s nonetheless will sponsor 25 children to a World Cup and Visa will have 40 percent more banking participants tap into their assets. Addidas, on the other hand, is projecting 30 percent amplification in World Cup-related clothing. All these support aim at making sure operations run smooth from day one to the last day. Secondary retail and merchandising remain partners at different levels to FIFA either directly or indirectly (Dohmen, 2006, pp. 27). Being a FIFA partner culminates to having the uppermost level of connection to the football body. The 2010 FIFA partners were Adidas, which provided entire staff and umpire uniforms, as well as the official ball used for the whole period. Hyundai, Coca-Cola, Sony, Visa, and Emirates Airline were also key partners of the global football body.

Wednesday, July 24, 2019

Law website Essay Example | Topics and Well Written Essays - 250 words

Law website - Essay Example (American Bar Association et al., 2010) of the American laws, where a person is regarded to have had no professional relationship to the injury. It is never permissible for any attorney to list his or her famous client or his or her well known case. These regulations are provided for under America bar rule 7.2 (c) (15) that spells the communications concerning the services of lawyers (American Bar Association et al., 2010). No. attorney is never allowed to pay their former clients especially to quote how well they were presented by the attorney and this is defined in the American bar rule 7.2 (c) (1) (J); the precludes testimonials (American Bar Association et al., 2010). 5. The attorney would like to include a link in the website for web surfers to â€Å"chat with an attorney.† You, the paralegal, may be required to respond to chat calls if the attorney is out of the office. Is this permitted by the rules? Yes. Attorney is never hindered by any regulation; thus, they can include website links for web suffers to chat with them. Nonetheless, paralegal may never respond to these kinds of web chat calls since such are hindered by the America bar rule 7.4 (a) that defines direct contact with prospective client (American Bar Association et al.,

Tuesday, July 23, 2019

Infant Mortality in Maryland Essay Example | Topics and Well Written Essays - 1500 words

Infant Mortality in Maryland - Essay Example According to reports, Maryland is considered to have the highest household income of any other US State garnering a GDP of at least $68,080 in the year 2007 which notes the capability of the community to handle the financing needed to complete the projects and programs needed to be provided to the society. One of the most important factors considered in community healthcare issues is the factor concerning mortality rates. This issue is much intertwined with the healthcare provisions that local governments are able to provide to their territories of concern depending on the population rate of the place (Johnson, 2005: Internet). Certainly, when it comes to smaller states, this issue is given a high regard as it also determines the capability of the local government to give the needs of their people. When it comes to mortality rate issues, this mainly concerns the ability of the states to hold their capability on providing community health care especially to the newly born. From this point, it could be accepted that this factor could also help evaluate the strengths and the weaknesses of the local government of the community in providing ample support to the healthcare needs of the entire society. In this regard, the infant mortality rate of Prince Georges County in Maryland shall be examined to be able to notice the problems and the weaknesses of the community health car... Certainly, when it comes to smaller states, this issue is given a high regard as it also determines the capability of the local government to give the needs of their people. When it comes to mortality rate issues, this mainly concerns the ability of the states to hold their capability on providing community health care especially to the newly born. From this point, it could be accepted that this factor could also help evaluate the strengths and the weaknesses of the local government of the community in providing ample support to the healthcare needs of the entire society. In this regard, the infant mortality rate of Prince Georges County in Maryland shall be examined to be able to notice the problems and the weaknesses of the community health care provisions in the said place as they are marked by health statistics to be among the counties having the lowest mortality rates in the United States. Background of the Issue The drop-down of the infant mortality rate in Maryland determines the need of the said state to improve their health care facilities as well as their health care processes. It has been mentioned through reports that in the year 2000 that the infant mortality rate in the said county has dramatically fallen down to as low as 7.4 deaths in every one thousand live births (HD, PGC, 2003: Internet). This decline of infant's life span stretches to both the white and the black communities of the said state. Because of this situation, an issue against the healthcare processes practiced within hospitals in Maryland specifically in Georges County has been questioned as to how the healthcare givers are able to apply the right procedures in giving care to the newly born babies. Among their concerns, also include issues on giving proper

Power Electronics Intensive Solutions Essay Example for Free

Power Electronics Intensive Solutions Essay Abstract—There is a clear trend in the automotive industry to use more electrical systems in order to satisfy the ever-growing ve-hicular load demands. Thus, it is imperative that automotive elec-trical power systems will obviously undergo a drastic change in the next 10–20 years. Currently, the situation in the automotive in-dustry is such that the demands for higher fuel economy and more electric power are driving advanced vehicular power system volt-ages to higher levels. For example, the projected increase in total power demand is estimated to be about three to four times that of the current value. This means that the total future power de-mand of a typical advanced vehicle could roughly reach a value as high as 10 kW. In order to satisfy this huge vehicular load, the ap-proach is to integrate power electronics intensive solutions within advanced vehicular power systems. In view of this fact, this paper aims at reviewing the present situation as well as projected future research and development work of advanced vehicular electrical power systems including those of electric, hybrid electric, and fuel cell vehicles (EVs, HEVs, and FCVs). The paper will first introduce the proposed power system architectures for HEVs and FCVs and will then go on to exhaustively discuss the specific applications of dc/dc and dc/ac power electronic converters in advanced automo-tive power systems. Index Terms—Electric propulsion, electric vehicles (EVs), fuel cell vehicles (FCVs), hybrid electric vehicles (HEVs), internal com-bustion engines, motor drives, power converters, semiconductor devices. I. INTRODUCTION. BY THE time the commercialization of the next-generation car comes around, advanced power electronics and motor drives will have already established themselves as prime compo-nents of advanced vehicular drive trains. Advanced power elec-tronic converters and traction motor drives will be responsible for a major part of the vehicle’s energy usage. As of now, the automotive market is making rapid developments in case of the hybrid electric vehicles (HEVs). Commercially available HEVs include the Toyota Prius, Toyota Highlander Hybrid, Toyota Camry Hybrid, Lexus RX 400 h, Honda Insight, Honda Civic Hybrid, Honda Accord Hybrid, and Ford Escape Hybrid. In the case of future HEVs, power electronic converters and associated motor drives, which control the flow of electrical energy within the HEV power system, promise to be the keys to making HEVs more fuel efficient and emit lower harmful pollutants. Manuscript received March 15, 2005; revised October 26, 2005. Recom-mended by Associate Editor J. Shen. The authors are with Electric Power and Power Electronics Center, Illinois Institute of Technology, Chicago, IL 60616-3793 USA (e-mail: [emailprotected] edu). Digital Object Identifier 10. 1109/TPEL. 2006. 872378 As is well known, in the first half of the past century, the 6-V electrical system in automobiles served the purpose of ignition, cranking, and a satisfying few lighting loads [1]–[5]. Since then, there has been a constant rise in vehicular power requirement. Performance loads, such as electric steering, that were tradition-ally driven by mechanical, pneumatic, and hydraulic systems, are now increasingly being replaced by the electrically driven systems, in order to increase the performance and efficiency of operation. Furthermore, luxury loads have also increased over time, imposing a higher demand of electrical power [3]. It must be pointed out here that the rate of increase of automotive loads is assumed to be about 4% per year. Thus, such load demands have resulted in the need to scale up the onboard vehicular power level. Considering these aspects, several decades ago, the voltage was raised from its earlier 6-V level to the present day 12-V level and, now with an ever-in-creasing demand forecasted into the future, there is a need to switch over to much higher voltage levels of 42 V, 300 V, or higher, as the case may be [3]–[5]. Due to the high voltage levels being produced in HEVs, it becomes essential to have dc/dc converters to supply all the auxiliary loads on board the vehicle. Although the dc/dc converter technology is well devel-oped for low-power applications at lower cost, much work needs to be done for high-power applications. It is an immense chal-lenge to meet all the vehicle standards for electromagnetic in-terference (EMI) and electromagnetic compatibility (EMC) as well as specifications of reliability and packaging [4], [5]. In ad-dition, power electronic converters also dictate how and when fuel/electricity is used in HEVs. A suitable dc/ac inverter draws dc power from the batteries to drive the electric traction motor, which in turn provides power to the wheels. The dc/ac inverter also performs the function of recharging the batteries during re-generative braking in HEVs. Based on this fundamental background, proving the criticality of power electronics for HEV applications, this paper will re-view the role of power electronics and compare the associated advanced power system architectures for HEV as well as electric vehicle (EV) and fuel cell vehicle (FCV) applications. The var-ious design issues for power electronics intensive HEV and FCV power systems and the current and future trends will be high-lighted. In addition, the proposed 42-V PowerNet is also focused upon, emphasizing on the description of its key capabilities and requirements. Furthermore, the paper will also discuss the mild hybrid vehicle, wherein the major opportunities for automotive power electronics are outlined. Finally, few system-level issues 0885-8993/$20. 00  © 2006 IEEE 568IEEE TRANSACTIONS ON POWER ELECTRONICS, VOL. 21, NO. 3, MAY 2006 Fig. 1. Conventional 14-V dc power system architecture. that drive the relative power electronics size and cost functions will also be addressed. II. CONVENTIONAL AUTOMOTIVE POWER SYSTEMS AND| Fig. 2. Typical representation of the more electric hybrid vehicle power system| | CONCEPT OF MORE ELECTRIC VEHICLES (MEV)| | || architecture. | | During the mid 1950s, the automotive industry decided to| | | opt for 12-V electrical power systems for vehicles, since the| | | then popular 6-V system was rapidly becoming plagued by the| and rear-wheel steering, which will be driven electrically in the| | increasing vehicular load demands. The battery became a six-| future. | | cell module instead of three cells, at approximately the same| As is well documented in related literature, most of the fu-| | energy rating. The electrical system demand had risen from the| ture advanced electric loads require power electronic controls. | | 100 W of the early 1900s to typically about 1 kW by the 1990s,| In advanced future vehicles, power electronics is forecasted to| | as more and more electrically powered devices were installed| perform three major tasks. First task is simple on/off switching| | [6]–[8]. | of loads, which is performed by mechanical switches and relays| | The conventional electrical system in an automobile can| in conventional cars [7]. The second task is to act as a suitable| | essentially be divided into the architectural elements of energy| controller for electric traction motors. Finally, power electronics| | storage, generation, starting, and distribution. The distribution| intensive power systems will not only be used for the obvious| | system of a conventional 14-V power system satisfies vehicular| task of changing system voltage levels, but also for converting| | loads such as, interior/exterior lighting, electric motor driven| electrical power from one form to another, using dc/dc, dc/ac,| | fans/pumps/compressors, and instrumentation subsystems [6]. | and ac/dc converters. | | A simple rendition of the conventional 14-V electric power| As mentioned earlier, due to the ever-increasing electrical| | system architecture is shown in Fig. 1. | loads, the automotive industry is opting for more electric power| | As is clear from Fig. 1, the conventional power system ar-| systems. Due to this, MEVs will need highly reliable and fault-| | rangement has a single 14-V dc voltage level, with the vehic-| tolerant electrical power systems to deliver high quality power| | ular loads being controlled by manual switches and relays. As| from the source to the electrical loads. It is extremely important| | mentioned earlier, the present average power demand in an au-| that the voltage level/form in which power is distributed be taken| | tomobile is approximately 1 kW. The voltage in a 14-V system| care of. A higher voltage will reduce the weight and volume| | actually varies between 9 and 16 V at the battery terminals, de-| of the wiring harness, among several other advantages [7], [8]. | | pending on the alternator output current, battery age, state of| Fig. 2 shows the concept of a future hybrid MEV, making use| | charge, and various other minor factors [6], [7]. This results in| of high voltage (300 V) automotive power system architecture. | | overrating the loads at nominal system voltage. In addition to| Currently, the proposed MEVs are at a transitional stage, in-| | these disadvantages, the present 14-V system cannot handle fu-| volving different systems voltage levels [8]. It is expected that| | ture electrical loads to be introduced in the more electric envi-| the future MEV power systems will most likely be comprised of| | ronment of the future cars, as it would be expensive and ineffi-| a single main voltage bus (high voltage) with a provision for hy-| | cient to do so.| brid (dc and ac), multivoltage level distribution and intelligent| | In more electric vehicles (MEVs), there is a trend toward| energy and load management. | | expanding electrical loads and replacement of mechanical| | | and hydraulic systems with more electrical systems. These| III. ADVANCED DRIVE TRAIN ARRANGEMENTS FOR ELECTRIC,| | loads include lights, pumps, fans, and electric motors for var-| | | | HYBRID ELECTRIC, AND FUEL CELL VEHICLES| | ious functions. In addition, they also include some advanced,| | | | | |electrically assisted vehicular loads, such as power steering,| This section introduces the various drive train arrangements| | air conditioner/compressor, electromechanical valve control,| of pure battery electric vehicles (EV), series/parallel/series-par-| | active suspension/vehicle dynamics, and catalytic converter| allel/complex HEV drive trains, and pure FCV/hybrid FCV| | [6]. Furthermore, additional advanced vehicular loads include,| drive trains. Based on the review done in this section, the| | anti-lock braking, throttle actuation, ride-height adjustment,| ensuing sections will focus on the power electronics intensive| |. EMADI et al. : POWER ELECTRONICS INTENSIVE SOLUTIONS| 569| Fig. 3. Topological arrangement for an electric vehicle (EV) drive train. power system architectures for these advanced drive train arrangements. A. Battery Electric Vehicle (EV) Drive Train Topology A purely electric drive system principally replaces the internal combustion engine (ICE) and the various transmis-sion systems with an all-electric system. As is well known, rechargeable chemical batteries are the traditional option as en-ergy sources for EVs. But they tend to be heavy and expensive to replace over their limited lifetimes. In addition to traditional batteries like lead–acid, nickel metal–hydride (Ni–MH), and nickel–cadmium (Ni–Cd), there are advanced technologies like lithium–polymer (Li-polymer) and lithium–ion (Li–ion) bat-teries. Despite the popularity that these advanced batteries have gained for portable electronic applications, they haven’t quite maintained the same reputation for use in EVs. Most practical EVs still use lead-acid batteries, with the more sophisticated ones using Ni–MH batteries [8], [9]. A basic overview of a battery electric vehicle (BEV) is as shown in Fig. 3. More recently, the automotive industry is cutting back on EV production, and has declared HEVs and FCVs to be the future of advanced vehicle technologies. This is because BEVs cost sig-nificantly more than gasoline vehicles, due to the fact that EV battery modules are currently being produced in very small vol-umes [9]–[11]. Higher vehicle prices are partially offset by the fact that fuel costs for battery electrics are about one-third those of a gasoline-powered vehicle. In addition, BEVs have fewer moving parts than gasoline cars, and hence, require less mainte-nance. The future of battery EVs is somewhat uncertain at this time, but their development has already made important contri-butions to advancing electric drive train and storage technolo-gies needed by both HEVs as well as FCVs [10], [11]. If further breakthroughs in battery technologies occur, BEVs could yet prove to be the future of clean transportation. B. Series HEV Drive Train Topology A series hybrid vehicle is basically an electric vehicle with an on-board battery charger. An ICE is generally run at an optimal efficiency point to drive the generator and charge the propul-sion batteries on-board the vehicle, as shown in Fig. 4. When the state of charge (SOC) of the battery is at a predetermined minimum, the ICE is turned on to charge the battery [12]–[15]. The ICE turns off again when the battery has reached a desir-able maximum SOC. The engine/generator set maintains the battery charge around 65%–75%. It must be noted that, in a se- Fig. 4. Typical layout of a series HEV drive train. Fig. 5. Schematic of a parallel HEV drive train configuration. ries HEV, there is no mechanical connection between the ICE and the chassis. The advantage with the series HEV configuration is that the ICE is running mostly at its optimal combination of speed and torque, thereby, having a low fuel consumption and high effi-ciency. However, there are two energy conversion stages during the transformation of the energy between the ICE and the wheels (ICE/generator and generator/motor) [16], [17]. Some energy is lost because of the two-stage power conversion process. A se-ries hybrid vehicle is more applicable in city driving. C. Parallel HEV Drive Train Topology A hybrid vehicle with the parallel configuration has both the ICE and the traction motor mechanically connected to the trans-mission. A schematic figure of the parallel hybrid is shown in Fig. 5. The vehicle can be driven with the ICE, or the electric motor, or both at the same time and, therefore, it is possible to choose the combination freely to feed the required amount of torque at any given time [18]–[20]. In parallel HEV, there are many ways to configure the use of the ICE and the traction motor. The most widely used strategy is to use the motor alone at low speeds, since it is more efficient than the ICE, and then let the ICE work alone at higher speeds. When only the ICE is in use, the traction motor can function as a generator and charge the battery. A parallel HEV can also have a continuously variable transmission (CVT) instead of a fixed step transmission [19], [20]. With this technique, it is pos-sible to choose the most efficient operating points for the ICE 570IEEE TRANSACTIONS ON POWER ELECTRONICS, VOL. 21, NO. 3, MAY 2006 Fig. 6. Typical drive train configuration of a series-parallel combined HEV. Fig. 7. Schematic of a complex HEV drive train. at given torque demands freely and continuously. The result is lower fuel consumption due to the inherently more efficient fuel usage. Energy is also saved due to regenerative braking. The advantage with the parallel HEV configuration is that there are fewer energy conversion stages compared to the se-ries HEV and, therefore, a lesser part of the energy is lost [19]. In fact, the parallel HEV drive train depicts fairly lower losses compared to other HEV topologies and, hence, has a compara-tively higher overall drive train efficiency. D. Series-Parallel HEV Drive Train Topology The series-parallel HEV is a combination of the series and parallel hybrids. There is an additional mechanical link between the generator and the electric motor, compared to the series con-figuration, and an additional generator compared to the parallel hybrid, as shown in Fig. 6. With this design, it is possible to com-bine the advantages of both the series and parallel HEV config-urations [20]. It must be highlighted here that the series-parallel HEV is also relatively more complicated and expensive. There are many possible combinations of the ICE and traction motor. Two major classifications can be identified as electric-in-tensive and engine-intensive. The electric-intensive series-par-allel HEV configuration indicates that the electric motor is more active than the ICE for propulsion, whereas, in the engine-inten-sive case, the ICE is more active [20], [21]. A common opera-tive characteristic for both types of series-parallel HEV systems is that the electric motor is used alone at start with ICE turned off. During normal driving, the ICE alone propels the vehicle in the engine-intensive case. On the other hand, the ICE and electric motor propel the vehicle in the electric-intensive case [20]. When acceleration is needed, the electric traction motor is used in combination with the ICE to give extra power in both of the configurations. During braking or deceleration, the trac-tion motor is used as a generator to charge the battery and, in stand still, the ICE can continue to run and drive the generator to charge the battery, if needed. Another form of series-hybrid configuration is shown in Fig. 7, which is a power split HEV topology. This topology includes a planetary gearbox, which connects the ICE, traction motor, and generator. Varying the speed from the two planetary gear pinions, connected to the electric motor and the generator, can control the ICE speed. When the ICE turns off, the vehicle is propelled in the pure electric mode. However, at most of the operating points, the energy flows in a similar fashion to either that of a parallel HEV or to that of a series HEV. In parallel HEV mode, energy flows from ICE via the gearbox to the wheels, whereas, in the series HEV mode of operation, the energy flows from generator and motor to the wheels [21]. The proportion between these two energy flows depends on the overall vehicle speed. Under most operating conditions, this configuration is a combination of series and parallel hybrid vehicle. It is also possible to operate this in parallel mode for some operating conditions. One of the motivating factors for use of the power split HEV topology is to increase the vehicle power capability for a given transmission. This in turn enables the usage of continuously variable transmission concept for light duty HEV propulsion ap-plications, such as pick up trucks and small buses. E. FCV Drive Train Topology. The potential for superior efficiency and zero (or near zero) emissions has long attracted interest to fuel cells as the potential automotive engine of the future. However, systematic efforts to realize the efficiency and emissions benefits of fuel cells in the transportation sector have materialized only in the last 10 years. The overall goal of ongoing fuel cell research and development programs is to develop a fuel cell engine that will give vehicles the range of conventional cars, while attaining environmental benefits comparable to those of battery-powered electric vehi-cles. Although the technology is currently quite expensive, fuel cells offer benefits including high overall efficiency and quiet operation due to few moving parts. A typical fuel cell based propulsion system is shown in Fig. 8. The hydrocarbon fuel such as gasoline, natural gas, methanol, or ethanol is first reformed to obtain the required hydrogen using a reformer (or fuel processor) [22]. This hydrogen rich gas from the reformer is fed to the anode of the fuel cell. It is also possible to store the on-board the vehicle using a pressurized cylinder, instead of using the reformer for con-verting the fuel to -rich gas. The oxygen (or air) is fed in to the cathode fuel cell. Depending on the fuel cell stack configu-ration, and the flow of hydrogen and oxygen, the fuel cell stack produces the dc output voltage [22], [23]. The fuel cell stack EMADI et al. : POWER ELECTRONICS INTENSIVE SOLUTIONS| 571| Fig. 8. Typical topological arrangement of a hybrid fuel cell vehicle drive train. output is fed to the power conditioner (power electronic con-verter) to obtain the required output voltage and current. Ide-ally, the power conditioner must have minimal losses leading to a higher efficiency. Power conditioning efficiencies can typ-ically be higher than 90% [24]. IV. POWER ELECTRONICS INTENSIVE POWER SYSTEM ARCHITECTURES FOR HEVS A. Advanced Electrical Features in Future HEV Technologies As mentioned earlier, there is a trend in the automotive in-dustry to replace more engine driven mechanical and hydraulic loads with electrical loads, due to higher efficiency, safety re-quirements, and driver’s comfort. All of these new functions re-quire the application of power electronics. In most of the cases, the cost of the power electronics dominates the argument of in-troducing such functions. Many of these functions will only ap-pear in concept vehicles in the projected future. Some of these include luxury loads, such as information and entertainment that have received lots of hype recently. The other class of features is -by wire, where â€Å"† stands for an advanced function such as, â€Å"steer† or â€Å"brake. † Another class of advanced electrical features includes power steering pump, electric ac-tive suspension system, electromechanical valve control, elec-trically heated catalytic converter, air-conditioning systems, and water/oil/fuel pumps [25]. There are also other loads such as throttle actuation, ride-height adjustment, rear-wheel steering, which are proposed to be driven electrically in the future. Fig. 9 depicts a summary of some of the future electrical features auto-motive power systems. It is virtually mandatory that most of the proposed future electric loads will indeed require power elec-tronic controls of some sort. B. Advanced HEV Topology Using ISA System In view of research and development work for MEVs, it must be pointed out that one of the leading breakthroughs in the au-tomotive industry is the introduction of the integrated starter-generator (ISG) system for mild HEVs [26]. The ISG is pri-marily an electric machine with a rotor instead of a flywheel mounted on the crankshaft between the ICE and transmission. A schematic diagram of an ISG system used in conjunction with a high-voltage vehicular power system is shown in Fig. 10. The Fig. 9. Future electrical features in more electric vehicle power systems. Fig. 10. Integrated starter-alternator (ISA) based HEV drive train. ISG provides the functions of an electric starter and an alternator [26], [27]. By using suitable advanced power electronic con-verter systems, it is possible for the ISG to compensate the drive train oscillations to provide more comfort. The power electronic converter system controls the ISG operating state, depending on the load status and the battery charge status. Improved fuel economy and reduced emissions are two prime advantages of an ISG system. Using a start/stop cycle, the ICE is turned off during deceleration or after the vehicle comes to a complete stop. The ISG can be used to propel the vehicle from a stop condition (and/or at a set speed), to restart the ICE. The ISG will also be able to route power produced by regenerative braking into the energy storage devices (batteries or ultra-capac-itors) [26], [27]. It can also be used to provide power enhance-ment, when taking off from a stop, or in added acceleration for passing. C. 42-V/12-V Dual-Voltage Vehicular Electrical Systems The 42-V/12-V dual-voltage architecture is being popularly touted as one of the solutions for the ever-increasing in-vehicle load demand. The operating voltage criteria being considered for 42-V systems are shown in Fig. 11. The maximum dynamic over voltage is limited to 58 V, including the transient voltages 572IEEE TRANSACTIONS ON POWER ELECTRONICS, VOL. 21, NO. 3, MAY 2006 Fig. 11. Typical operating voltage criteria for 42-V HEV power systems. Fig. 13. Schematic of a dual voltage (14 V and 42 V) architecture using one battery. Fig. 12. Schematic of a dual voltage (14 V and 42 V) architecture using two batteries. [28]. In this case, the system charging voltage is set at 42 V. The entire electrical system in the vehicle is run at a nominal value of 42 V, whenever the engine is running. Some of the advantages of such a system include, high efficiency and performance, less expensive operational procedures, reduced total installed power due to the integration of the mechanical and hydraulic power into the electrical power system, and reduction in the overall design complexity. The transition to an entirely 42-V dominated architecture cannot be done immediately. Therefore, it is assumed that a dual voltage automotive power system will exist at least for a while. There are various ways to implement a power electronics intensive dual voltage power system. The schematic used in Fig. 12 illustrates a dual (42 V–14 V) battery system. Fig. 13 shows a schematic using only one single 42-V battery, and Fig. 14 illustrates a structure in which the dual voltage is generated by a single alternator, which has two output voltages. In the dual battery system, the first (36-V) battery is optimized for high power delivery, while the second (12-V) battery is optimized for low powers to support key-off loads plus hazard lamp operation [28], [29]. In other words, in this structure, the starting function will be isolated from the storage function required for â€Å"key-off† loads. This architecture provides oppor-tunities to improve existing high power loads by moving them to the 42-V side. It also minimizes changes to existing 14-V features, like lighting loads. However, this system has two batteries, which when com-pared with today’s one 14-V battery, implies more cost, weight, and packaging space. The other new component in this system is Fig. 14. Schematic of a dual stator dual voltage (14 V and 42 V) architecture using two batteries. the 42-V/14-V dc/dc converter. The overall cost of power elec-tronics is still considered too high for automotive applications. However, power electronic converters are capable of providing seamless energy transfer between two energy storage batteries and help improve reliability of some critical vehicular functions, which require a backup battery. In contrast, the single battery schematic of Fig. 13 is based on the desire to avoid cost, weight, and packaging problems cre-ated by the additional battery. The idea is that the power man-agement system should be smart enough to manage the key-off loads from depleting the high-voltage battery to the point that the vehicle cannot be started [29]. It is critical to point out here that this architecture also uses a bidirectional dc/dc converter be-tween the 42-V and 14-V buses. The schematic shown in Fig. 14 uses a more complicated alternator, with two sets of stator wind-ings, to provide power separately to the 42-V and 14-V buses. In this structure, again, high power loads are connected to the 42-V bus and the 14-V bus supplies low-power electrical mod-ules [29]. In addition to the above-described architectures, there exist many other strategies and variations of dual-voltage automo-tive power systems. The auto industry at this point is stagnant with regards to selecting appropriate dual-voltage MEV archi-tectures. One of the main focal points of research in selecting EMADI et al. : POWER ELECTRONICS INTENSIVE SOLUTIONS a suitable MEV system is to determine which options provide the best economic value to possible customers. The other major concerns with the introduction of 42-V power systems are phys-ical and practical viability aspects, such as arc faults and ensuing fire hazards. These and various other practical issues are dis-cussed in the following section. 1) Practical Issues Related to 42-V Automotive Power Sys-tems: As is apparent, by increasing the present 14-V network to 42-V, significant component and system changes within the vehicle will be necessitated. One of the major motives for this change is because of the nature of faults and their subsequent consequences, due to the higher current carrying wires in a 42-V automotive power system environment. It is obvious that the ten-dency is to produce longer arc faults, which have to be addressed to provide automotive safety. Wires that are semi-cut or scraped, in all probability, cause longer arc faults at higher system volt-ages. Furthermore, various research issues also arise from the point of view of vehicular power electronics and motor drives. For example, by reducing the mild HEV power system operating voltage (from 150 V/300 V to 42 V), the required current to pro-vide the necessary power increases. Thus, this corresponds to the entire winding of the electric traction machine to be restruc-tured. Issues such as heat transfer and protection also require a detailed investigation before the 42-V architecture becomes practicable in the auto industry. On the other hand, power electronic switches in 42-V sys-tems may be required to handle RMS currents in the proximity of about 400 to 500 amps/phase [29]. Currently, in order to switch such high profile currents, parallel-operated power electronic switches are being proposed, since using single-level switches is highly uneconomical. Recently, advanced MOSFET switches have been introduced for use with prototype 42-V automotive power systems. Trench IGBTs have also made noteworthy progress from the point of view of providing 42-V architectural solutions, wherein the research focus is mainly on solving reliability and short-circuit current capability issues. D. Power Electronics Solutions for HEVs Power electronics is an enabling technology for next genera-tion of vehicles, which should be cleaner, smarter, more precise, more efficient, and more flexible. In the past decades, power electronic devices were avoided mainly because of their cost issues. The reasons for increased interest in automotive power electronics can be separated into the ensuing sections. 1) New Architectures: By increasing new electrical loads, cost and complexity of the system is on the increase. Such archi-tectures need new switching and reliability features. Power elec-tronics makes the possibility of integrating switching and fusing functions into one component with higher reliability. Possibility of implementing different control methods on power electronic systems is another reason to go away from relay switching. Also, by implementing integrated sensing techniques in power elec-tronic devices, diagnosis and fault detection becomes easier to implement. Furthermore, development of clean and energy effi-cient vehicles in future vehicle technologies such as EVs, HEVs, 573 and FCVs is not possible without implementing new architec-tures, which are available using power electronics. 2) Power Conversion on Demand: Most of the auxiliary drives in vehicles are designed for worst-case scenarios. Power electronics and motor drive topologies make it easier to have higher efficiency by providing adjustable speed drives. Es-pecially, engine-cooling fans have been designed recently, implementing power electronic controls and adjustable speed drives. 3) Voltage Conversion on Demand: Different components in vehicles need different levels of voltages. Different voltage levels in dual-voltage architecture are available using power electronic converters. Induction or synchronous machines need ac voltages with high power for propulsion, and small motors for fans and pumps require ac voltage with low power [30], [31]. Converting dc-to-ac voltages and dc-to-dc voltages with different voltage levels is not possible without using power elec-tronic converters. 4) Precise Electronic Control: Engine controls such as igni-tion or fuel injection need precise timing and dynamic control of actuators. Fuel injectors should work on very high pressure with more precise opening time. Engine developers are working on systems to replace the camshaft with electronically controlled variable valves, promising up to 25% more fuel economy. These controls cannot be imagined without the use of power elec-tronics. 5.

Monday, July 22, 2019

Legalize Marijuana Essay Example for Free

Legalize Marijuana Essay Marijuana has been vilified in America over the past 70+ years. Despite its many practical uses, medicinal and industrial, our Federal government insists on maintaining the status quo that the growth, possession and use of marijuana is criminal despite the evidence that the legalization of marijuana would have a positive influence on America. In this paper I will discuss the history of marijuana, the industrial uses of hemp, the prohibition of marijuana, the economic impact prohibition has on America, the effects of marijuana use on the mind and the body, marijuana for medical use, and how legalization of marijuana would have a positive influence on America. Although I support the legalization of marijuana I do not support the legalization of other Schedule I drugs, therefore this paper is not about the legalization of all drugs. Marijuana, as most people commonly know it, is really a plant called hemp, or cannabis sativa. There are other plants called hemp, but cannabis hemp is the most useful of these plants. Hemp is any durable plant used since prehistory for many purposes, and cannabis is the most durable of the hemp plants. The cannabis plant also produces three very important products that other plants do not, seed, pulp, and medicine. The cannabis sativa plant grows as weed and cultivated plant all over the world in a variety of climates and soils. Marijuana has been used throughout history; in 6000 B.C. cannabis seeds were used as food in China; in 4000 B.C. the Chinese used textiles made of hemp; the first recorded use of cannabis as medicine in China was in 2727 B.C.; and in 1500 B.C. the Chinese cultivated Cannabis for food and fiber. This time line goes on and on right through today. It is thought that hemp was first brought to the New World in 1545 by the Spanish; it was introduced in Jamestown by the English in 1611 where it became a major commercial crop alongside tobacco and was grown as a source of fiber. Our forefathers grew hemp; in fact it was the principal crop at Mount Vernon and it was a secondary crop at Monticello. There are recorded notes made by George Washington regarding the cultivation and harvesting of hemp. These hemp crops of course were grown for industrial use only and there is no indication that our forefathers were using their crops recreationally. Today the hemp grown for industrial purposes have extremely low levels of THC Delta 9-tetrahydrocannabinol delta 9-THC, the active component in cannabis therefore it is impossible to get high from such hemp grown for industrial use. During the Colonial Era Americans were legally bound to grow hemp. During the Second World War the federal government subsidized hemp and US farmers grew about a million acres of hemp as part of that program. Hemp is extraordinary in its diversity. There are over 25,000 different uses for the hemp plant. Because of how quickly hemp can be cultivated it is the Earth’s number one biomass resource. Hemp’s uses include but are certainly not limited to fuel; food, hemp seeds provide an incredible source of protein-not only for people but for birds who seek out hemp seeds which have been mixed with other seeds; paper; textiles, for example canvas, paper, cloth, rope; paint; detergent; varnish; oil; in; medicine; and building materials. Almost any product that can be made from wood, cotton, or petroleum including plastics can be made from hemp. In fact, hemp plastics are biodegradable. Besides its diversity, the practicality of utilizing hemp to its fullest potential is clear. Trees take from 50 to 100 years to grow; hemp’s growth cycle is 120 days. It is estimated that if the hemp pulp paper process reported by the USDA in 1916 were legal today it would soon replace 70% of all wood paper products. Despite all of its proven uses, all of which are beneficial to the planet Earth, the growth of industrial hemp in the United States remains a criminal act thanks to the robotic ravings of our federal government. President and founder of Drug Abuse Resistance Education (DARE) Glenn Levant Hemp is marijuana. Philip Perry, special agent in charge of the DEAs Rocky Mountain Division ignorantly states, (Levant 1) the effort to decriminalize hemp is no more than a shallow ruse being advanced by those who seek to legalize marijuana. It should be noted that the selling hemp products are not illegal and in fact the U.S. hemp-products industry does about $125 million in retail sales a year. Although most states had local laws prohibiting marijuana use and possession, it wasn’t until 1937 that the federal government passed the 1937 Marihuana Tax Act. Interestingly, the congressional hearings on marijuana prohibition lasted all of two hours in direct contrast to most congressional hearings on new laws which last for days and days. There were exactly three bodies of testimonies testifying at these hearings. The first was Commissioner Harry Anslinger, the newly named commissioner of the Federal Bureau of Narcotics who happened to be appointed by his uncle-in-law, Andrew Mellon, who was the Secretary of the United States Treasury. Commissioner Anslinger testified on the government’s behalf. Not surprisingly he was working from a text which he had not written himself but which had been written for him by a New Orleans District Attorney. Reading directly from this text Commissioner Anslinger told the Congressmen at the hearings, Marihuana is an addictive drug which produces in its user’s insanity, criminality, and death. That was the Commissioner’s brilliantly insightful government testimony to support the marijuana prohibition. The second bodies of testimony to testify at this congressional hearing were industrial spokesmen. The first of these spokesmen was, believe it or not, a man representing the rope industry. This industry representative testified that it was cheaper to import from the Far East the hemp needed to make ropes and therefore the United States no longer needed to grow any more hemp to make rope. Five years later, in 1942, the United States was cut off from its sources of hemp in the Far East and, since we needed a lot of hemp to outfit our ships with rope for World War II, the Federal Government went into the business of growing hemp on gigantic farms throughout the Midwest and the South. The paint and varnish spokesmen didn’t seem to care either which way. The only industrial spokesperson who objected to the Marijuana Tax Act at all was the birdseed representative who sang the praises of hemp seeds for the birds’ coats. Based on this objection the birdseed industry got an exemption from the Marijuana Tax Act for denatured seeds. â€Å"The third body of testimony was two representatives of the medical field. The first testimony came from a pharmacologist who claimed that he had injected the active ingredient in marihuana into the brains of 300 dogs, two of which died. When asked by the Congressmen if he choose dogs for the similarity of their reactions to that of humans the answer of the Pharmacologist was, I wouldnt know, I am not a dog psychologist. The active ingredient in marijuana was first synthesized in a laboratory in Holland after World War II therefore it is unknown to this day what this pharmacologist injected into the dogs. The second testimony on behalf of the medical field came from the Chief Counsel to the American Medical Association, Dr. William C. Woodward. Dr. Woodward was the hearing to testify at the request of the American Medical Association. His exact quote to the congressmen was, The American Medical Association knows of no evidence that marihuana is a dangerous drug. to which one of the Congressmen said, Doctor, if you cant say something good about what we are trying to do, why dont you go home? Remember, this testimony came from the Chief Counsel of the esteemed American Medical Association. It should be no surprise that the bill passed. The act did not itself criminalize the possession or usage of marijuana but instead levied a tax of approximately one dollar on anyone who dealt commercially in marijuana. The penalty provisions for violators of the proper procedures could result in a fine of up to $2000 and five years imprisonment. The intended result and indeed, the result of the 1937 Marihuana Tax Act was to effectively make it too risky for anyone to deal in the substance. During the war years the Bureau chose to concentrate on opiates and abandoned responsibility for most marijuana law enforcement to the states. In the post-war years, however, there was found to be a significant increase in narcotic drug abuse and the public began to be concerned with the spread of narcotic addiction, particularly among young persons. Congressional furor was aroused by the assertion that the use of marihuana inevitably led to the use of these harder drugs, particularly heroin. In 1951 Congress passed the Boggs Act, increasing penalties for all drug violators. It was at this time, for the first time in federal drug legislation, that marijuana and the narcotic drugs were lumped together, since the Act provided uniform penalties for the Narcotic Drugs Import and Export Act Boggs Act, ibid. and the Marihuana Tax Act. The states followed the federal lead. Then, in 1956, Congress passed the Narcotic Control Act, escalating the penalties still further. Once again the individual states followed suit. The current Controlled Substances Act (CSA), Title II of the Comprehensive Drug Abuse Prevention and Control Act of 1970 is a consolidation of numerous previous laws regulating the manufacture and distribution of narcotics, stimulants, depressants, hallucinogens, anabolic steroids, and chemicals used in the illicit production of controlled substances. The CSA places all substances that are regulated under existing federal law into one of five schedules. This placement is based upon the substances medicinal value, harmfulness, and potential for abuse or addiction. Schedule I am reserved for the most dangerous drugs that have no recognized medical use, and, of course, is the current classification of marijuana. Public opinion on the medical value of marijuana has been sharply divided. Some dismiss medical marijuana as a hoax that exploits our natural compassion for the sick; others claim it is a uniquely soothing medicine that has been withheld from patients through regulations based on false claims. Proponents of both views cite scientific evidence to support their views and have expressed those views at the ballot box in recent state elections. In January 1997, the White House Office of National Drug Control Policy (ONDCP) asked the Institute of Medicine to conduct a review of the scientific evidence to assess the potential health benefits and risks of marijuana and its constituent cannabinoids. That review began in August 1997 and culminates with the report Marijuana and Medicine, Assessing the Science Base from the Institute of Medicine. This study was supported under Contract No. DC7C02 from the Executive Office of the President, Office of National Drug Control Policy. This report summarizes and analyzes what is known about the medical use of marijuana; it emphasizes evidence-based medicine derived from knowledge and experience informed by rigorous scientific analysis, as opposed to belief-based medicine derived from judgment, intuition, and beliefs untested by rigorous science. After their nearly two-year review, the investigators affirmed Scientific data indicate the potential therapeutic value of cannabinoid drugs for pain relief, control of nausea and vomiting, and appetite stimulation. Except for the harms associated with smoking, the adverse effects of marijuana use are within the range tolerated for other medications. However, the authors noted that cannabis inhalation would be advantageous in the treatment of some diseases, and that marijuanas short- term medical benefits outweigh any smoking-related harms for some patients. A most comprehensive and informative report on this subject is, The Budgetary Implications of Marijuana Prohibition by Jeffrey A. Miron, Visiting Professor of Economics, Department of Economics, Harvard University, which was published in June, 2005. This paper concludes. Replacing marijuana prohibition with a system of legal regulation would save approximately $7.7 billion in government expenditures on prohibition enforcement $2.4 billion at the federal level and $5.3 billion at the state and local levels. Revenue from taxation of marijuana sales would range from $2.4 billion per year if marijuana were taxed like ordinary consumer goods to $6.2 billion if it were taxed like alcohol or tobacco. These impacts are considerable, according to the Marijuana Policy Project in Washington, D.C. For example, $14 billion in annual combined annual savings and revenues would cover the securing of all loose nukes in the former Soviet Union estimated by former Assistant Secretary of Defense Lawrence Korb at $30 billion in less than three years. Just one years savings would cover the full cost of anti-terrorism port security measures required by the Maritime Transportation Security Act of 2002. The Coast Guard has estimated these costs, covering 3,150 port facilities and 9,200 vessels, at $7.3 billion total. A further comprehensive study which reports and analyzes national arrest data between 1995 and 2002 is, Crimes of Indiscretion, Marijuana Arrests in the United States, compiled by Jon Gettman, PhD, published by The NORML Foundation in 2005. There are many reasons for marijuana wanting to be legal. It isn’t just the stoners and illegal distributers that want it, but also the people that use it for medicinal use. In my perspective that’s the reasoning for the bill not being passed. Just people seeing that one word marijuana, they take one look and think it’s just a group of pot heads that want to be able to smoke it legally. It can help many people probably everyone in the world if you think about it properly. Works Cited 1. Cruz, Veronica. â€Å"Gunmen Get Medical Pot from Home on NE Side†. Arizona Daily Star. 20 March, 2012: A1 A5. 2. Kurwa, Nishat. â€Å"Federal Agents Bust Marijuana School ‘Oaksterdam.’’’ NPR. NPR, 03 Apr. 2012. Web. 12 Apr. 2012. http://www.npr.org/2012/04/03/149937087/federal-agents-bust-marijuana-school-oaksterdam. 3. Legalizing Marijuana. Legalizing Marijuana. Web. 09 May 2012. http://www.uri.edu/personal/atro6990/. 4. Legalization of Marijuana. Legalize Marijuana, Legal Weed, Marijuana Facts. Web. 09 May 2012. http://legalizationofmarijuana.com/. 5. Schlosser, Eric. Reefer Madness, TheAtlantic: 1994. 6. â€Å"Up In Smoke.† The Economist. The Economist Newspaper, 14 Apr. 2012. Web. 12 Apr. 2012. http://www.economist.com/node/21552609.