India Fact Book

Social research blog on people, poverty, government, economy, social conflcits, military, terrorism and human rights issues

Corruption

leave a comment »

According to TI, 25 % of Indians paid bribe to obtain a service. 68 % believe that governmental efforts to stop the corruption as ineffective. More than 90 % consider police and political parties as the worst corrupt institutions. 90 % of Indians believe that corruption will increase within the next 3 years. “Corruption is a large tax on Indian growth, It delays execution, raises costs and destroys the moral fiber.” says Prof. Rama Murthi. Transparency International estimates that Indian truckers pay something in the neighborhood of $5 billion annually in bribes to keep freight flowing. According to Rahul Gandhi, only 5 per cent of development funds reached their intended recipients due to hierarchical corruption in the country! [Financial Times]

Written by Cyber Gandhi

November 1, 2009 at 5:48 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: