A personal statement for college is an important piece of writing that gives you the opportunity to showcase your personality, goals, and achievements to the admissions committee. It is your chance to stand out from the crowd and show the committee why you are the best fit for their school. Therefore, it is important to put thought and effort into crafting a strong personal statement.
One way to approach writing your personal statement is to use an outline to organize your thoughts and ideas. An outline can help you ensure that your personal statement is well-structured, focused, and coherent.
Here is a possible outline for a personal statement for college:
Introduction: Start your personal statement with an engaging opening that captures the reader's attention and sets the tone for the rest of the essay. This could be a quote, a story, or a question that reflects your personality or goals.
Background: Provide some context about your background and experiences that have shaped who you are today. This could include your family, culture, community, or any significant events or challenges that have impacted your development.
Goals: Explain your academic and career goals and how attending college will help you achieve them. This is your chance to show the committee that you have a clear direction and motivation for pursuing higher education.
Skills and strengths: Highlight your skills, strengths, and accomplishments that make you a strong candidate for the school. This could include your academic achievements, extracurricular activities, leadership roles, or any other accomplishments that demonstrate your potential and dedication.
Why this school: Show your interest in the school and explain why it is the right fit for you. Research the school and mention specific programs, faculty, or opportunities that align with your goals and interests.
Conclusion: Summarize your main points and restate your goals and why you are a good fit for the school. End with a strong closing that leaves a lasting impression on the reader.
Keep in mind that this is just a general outline and you may need to adjust it depending on the specific requirements and prompts of the personal statement. It is important to be authentic and genuine in your writing, and to proofread and revise your personal statement carefully before submitting it.
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As of now, only a few provisions of the new law have been brought into force and the process of constituting the regulatory authority, namely, the Competition Commission of India under the new Act, is on. There was a shift of focus from curbing monopolies to promoting competition. Prevention of concentration of economic power to the common detriment, and 2. The New Industrial Policy, 1991 has now scrapped the assets limit for MRTP companies. Das Gupta found that in 62 % of the total 1380 products, top three firms accounted for three- fourths of the total output in the respective product lines in the organised sector. When was the MRTP Act established? If it was proposed to expand substantially the activities of the undertaking by issuing fresh capital pr by installation of new machinery or in any manner, notice to the Central Government was required to be given and approval taken Section 21 2. Prohibition of abuse of dominant position; and 3.
A trade practice which has or may have the effect of preventing, distorting or restricting competition in any manner, is a restrictive trade practice. If one owns or controls the other. Unreasonably preventing of restricting competition. It was to prevent or restrict concentration of power in few hands. Of these 1,787 belonged to large industrial houses and the remaining 67 were dominant undertakings. If it was proposed to establish a new undertaking the prior permission of the Central Government was required to be obtained Section 22 ; and 3. Accordingly, the government decided to enact a law on competition.
The remaining provisions of the new law will be brought into force in a phased manner. Unit -4th MRTP ACT 1969 Monopolistic and Restrictive trade Practices Act. Where the undertakings are owned by firms, if such firms have one or more common partners. What is MRTP Act and Competition Act? Its objective was to promote competition in India. The MRTP Act covered two types of undertakings viz.
What is the objective of MRTP Act? In this product group, monopoly only one producer was found in 425 products, duopoly only two producers in 225 products, and only three producers in 160 products. Prohibition of monopolistic and restrictive and unfair trade practices. Unreasonably preventing or lessening competition in the production, supply or distribution of any of goods produced, supplied or distributed or any services rendered in India,; 3. Where the undertakings are owned by the bodies corporate : a if one body corporate manages the other body corporate, or b if one body corporate is the subsidiary of the other body corporate,. If the undertakings are owned or controlled by the same group; and 7. .
The MRTP companies i. The Act extended to the whole of India excepting Jammu and Kashmir. With the economic reforms program in 1991, MRTP Act lost its relevance in the new liberalized and global competitive scenario. RESTRICTIVE TRADE PRACTICES An RTP under the act had defined to be the one that had the effect of preventing, distorting or restricting competition in any manner. Competition bill, 2001 was introduced in Parliament and passed in December 2002. Limiting the technical development or capital investment. The Monopoly and Restrictive Trade Practice Act 1969 became obsolete in the present world of throat cutting competition.
MRTP Act, 1969 and Competition Act, childhealthpolicy.vumc.org
MRTP Act MRTP Act The Monopolies and Restrictive Trade Practices Act, 1969, brought into force from 1 st June 1970, was a very common controversial piece of legislation. THE MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT, 1969. Limiting technical development or capital investment to the common detriment or allowing the quality or maintenance, of any services. The concept of public interest which includes consumer interest permeates the regulatory framework provided for the prohibition of monopolistic, restrictive and unfair trade practices in both the statutes. As is true of many countries, economic liberalisation has taken root in India and the need for an effective competition regime has also been recognised. Each one of these was required to be duly registered with the Registrar of Restrictive Trade Practices including the names of parties to the agreement.
Unfair trade practice means a trade practice which, for the purpose of promoting the sale, use or supply of any goods or for the provision of any services, adopts one or more of the following practices and thereby causes loss or injury to the customers- Making false representations and misleading advertisements regarding the goods or services. The Monopolies and Restrictive Trade Practices was adopted by the government in 1969 and the MRTP Commission was set up in 1970. The MRTP Act, 1969 has its genesis in the Directive Principles of State Policy embodied. The new law is designed to repeal the existing MRTP Act. Is MRTP Act abolished? The Committee made a number of recommendations and on their basis, the government introduced amendments in the Act in 1980 and 1984. Product monopolies covered under Section 20 b and called dominant undertakings were those which controlled at least onefourth of production or market of a product and had assets of at least Rs.
Preventing or lessening competition in the production, supply, or distribution of any goods or in the provision or maintenance of any services by the adoption of unfair methods or unfair or deceptive practices. National monopolies were covered by section 20 a of the Act and were either single large undertakings or groups of inter-connected undertakings i. On the other hand, the dominance of a firm in the market is determined by its structure in the case of Competition Act. The Act was latter amended in 1974, 1980, 1982, and 1991 to remove inconsistencies, and make it more effective and in tune with changing economic policies from time to time. If one is connected with the other, or through any number of undertakings which are interconnected within the meaning of the one or more of the foregoing sub-clauses. Increasing unreasonably- a the cost of production of any goods; or b charges for the provision, or maintenance, of any services; 5.
MRTP Act created to regulate competition in India. Pegging on the Directive Principles, the first Indian competition law was enacted in 1969 and was christened the Monopolies And Restrictive Trade Practices, 1969 MRTP Act. It sought to achieve the following principal objectives Prevention of concentration of economic power to the common detriment, control of monopolies, and 2. What are the major differences between MRTP Act and Competition Act? It has been enacted to provide for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in market, to protect the interest of consumers at large and to ensure freedom of trade carried on by other participants in markets in India, and for matters connected with or incidental thereto. Prohibition of anti-competitive agreements; 2.
Publications of any advertisement for the sale or supply at a bargain price, of goods or services that are not intended to be offered for sale or supply at the bargain price. POLICY, PROVISIONS AND PERFORMANCE. What is MRTP Act why it is replaced with Competition Act 2002? MRTP Act is reformatory in nature, whereas Competition Act is punitive. What is full form of Mrtp? Which tends to bring about manipulation of prices or conditions of delivery or to affect the flow of supplies in the market relating to goods or services in such manner as to impose on the consumers unjustified costs or restrictions. The government thus appointed Raghavan Committee examine the whole issue. This Act is called Competition Act, 2002.
