Political, bureaucratic, corporate and individual corruption in India are major concerns. A 2005 study conducted by Transparency International in India found that more than 55% of Indians had first-hand experience of paying bribes or influence peddling to get jobs done in public offices successfully. Transparency International estimates that truckers pay US$5 billion in bribes annually. In 2010 India was ranked 87th out of 178 countries in Transparency International's Corruption Perceptions Index. India tops the list for black money in the entire world with almost US$1456 billion in Swiss banks (approximately USD 1.4yu trillion) in the form of black money. According to the data provided by the Swiss Banking Association Report (2006), India has more black money than the rest of the world combined. Indian-owned Swiss bank account assets are worth 13 times the country’s national debt. “The recent scams involving unimaginably big amounts of money, such as the 2G spectrum scam, are well known. It is estimated that more than trillion dollars are stashed away in foreign havens, while 80% of Indians earn less than 2$ per day and every second child is malnourished. It seems as if only the honest people are poor in India and want to get rid of their poverty by education, emigration to cities, and immigration, whereas all the corrupt ones, li] are getting rich through scams and crime. It seems as if India is a rich country filled with poor people", the organisers of Dandi March II in the United States said. The Comptroller and Auditor General of India said, “As on March 31, 2010, unutilised committed external assistance was of the order of Rs.1,05,339 crore.
Corruption in India
Corruption like everything else in India starts from home. It’s a vicious circle. When Corruption is termed as adjective it means “utterly broken”. Anything that is below all standard norms of morality in a country is called or defined as corruption. Corruption is something which doesn’t build overnight. It’s a continuous process that exists in a society for years and as it grows it seeps into the very blood stream of the system. The media, the public, the variety of forums for discussions and debates are all neck deep buried in highlighting the rampant corruption in every sphere. Corruption has reached such high levels of indignity today that the average Indian has reached the highest level of disgust and disappointment at the way things are moving in this country. Corruption has trapped Indian politics, Indian media and Indian judiciary. Every Indian from a common man to the highest of officials are trapped into it and hence its a vicious circle. To break it, every single person from the heart of the country has to act against himself. The present apathy shows how far the degradation of our values has reached and how low the system has dipped. Today Indian seems to at the threshold of a new millennium with the erstwhile Indian National Congress and many other parties without a single leader of stature. From politicians to bureaucrats, to a common man, corruption has become our way of life and to uproot it is a Herculean task. Indian has seemed to lost the motherhood, the honesty and the integrity which prevailed in the Indian societies in the darkness of greed for money and hunger for better opportunities. As India grew economically and saw economic development with International status, an average Indian kept losing his value.
The economy of India was under socialist-inspired policies for an entire generation from the 1950s until the 1980s. The economy was subject to extensive regulation, protectionism, and public ownership, leading to pervasive corruption and slow growth.[4
Now-a-days corruption can be seen everywhere. It is like cancer in public life, which has not become so rampant and perpetuated overnight, but in course of time. A country where leaders like Mahatma Gandhi, Sardar Patel, Lai Bahadur Shastri and Kamraj...
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