Corruption impacts Growth

Transparency International, the Berlin-based organization, ranks India as one of the more corrupt countries in the world–a conclusion based on surveys of business people.

You wouldn’t think that is the case, if you go by what the Central Vigilance Commission is doing. In its latest report, the CVC has put on its website a list of 123 government officials against whom it has advised either penalties or prosecution for corruption.

Just 123 officials are corrupt — in a country that ranks among the more corrupt economies in the world?

One explanation is that this is the list for just July; if you add the list for previous months, the number becomes less laughable. Major penalties, for instance, have been imposed on 385 officers during the year and the CVC has advised that this be done to 778 officials.

Color of Corruption

India among most corrupt nations

 

The Philippines is perceived as Asia’s most corrupt, while India as fifth corrupt economy by foreign businessmen according to a survey that also found countries were failing properly to tackle corruption.

Singapore (1.20) and Hong Kong (1.87) were seen as the cleanest economies, among the 13 Asian economies while China, Indonesia and Vietnam posted improvements, the Hong Kong-based Political and Economic Risk Consultancy (PERC) said on Tuesday in a summary made available to AFP.

In a grading system with zero as the best possible score and 10 the worst. The Phillipines got 9.40, worsening sharply from its grade of 7.8 last year. India, though improved its score from 6.76 last year to 6.67 this year, was in the fifth in the ranking among 13 Asian economies.

PERC said the Indian government must accelerate reforms, warning that corruption can limit companies’ expansion plans.

Perception of corruption in Thailand worsened, with the military junta now in power after last September’s coup seen as little better than the government it ousted.

"The Philippines has the distinction of being perceived in the worst light this year," PERC said after polling 1,476 expatriate business executives in 13 countries and territories across the region in January and February.

PERC, which provides advice to private firms and governments, said it had not noted a worsening in the actual situation in the Philippines despite its deteriorating score.

Thailand and Indonesia, both on a grade of 8.03, shared the spot as Asia’s second most corrupt nations. Thailand’s image worsened slightly on last year while Indonesia’s score was better.

 

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Who is a terrorist in India? ‘Corruption’

A religious fundamentalist who spews venom. A community leader who divide a community by castes .
A scientist who spends billions for a failed moon mission.
A political leader who fake honesty.
A Scholar who keeps his ideas unto himself.
A bureaucrat who misleads a minister on Ramsetu thereby causing communal clash.
A police man who accepts bribe and cook up charges against an innocent person .
A CEO who eats the profits and leave the company dry.
A Priest who loot and scoot with the gems and jewelries from the temple treasure chest.
A teacher who finds no time for teaching in classroom but always available for the coaching centre. 
List going to Continue……..

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