Political corruption is worst in india the major cause of concern is that corruption is weakening the political body and damaging the supreme importance of the law governing the society nowadays politics is only for criminals and criminals are meant to be in politics. Fighting corruption in india a bad boom graft in india is damaging the economy the country needs to get serious about dealing with it. The different types of corruption which are commonly seen in our daily life but no one is taking action against them corruption means the state of being bad and dishonest, especially in matters concerning money.
Ii corruption in india :- corruption is widespread in india india has been ranked 94th out of 176 countries in transparency international's 2012 corruption perception index (cpi) corruption has taken the role of a pervasive aspect of indian politics and bureaucracy the economy of india was under socialist. Some experts note that while there isn’t necessarily a direct correlation between corruption levels and india’s economic health, the nature of the graft has been corrosive to its growth.
In a study on bribery and corruption in india conducted in 2013 by global professional services firm ernst & young (ey), a majority of the survey respondents from pe firms said that a company operating in a sector which is perceived as highly corrupt may lose ground when it comes to fair valuation of its business, as investors bargain hard and factor in the cost of corruption at the time of transaction. Corruption in india has a terrible impact on the economy and causes huge social instability & riots it exacerbates poverty, discrimination and inflation. Consequences besides nature and scope of corruption are discussed in this chapter 21 evolution of corruption in india corruption is the use of public office for private gain: “it is the effective implementation of the rule of law that confers legitimacy on the state.
Corruption in india is a result of the connection between bureaucrats, politicians and criminals earlier, bribes were paid for getting wrong things done, but now bribe is paid for getting right things done at right time. As per the global corruption index of 2015, india has an index of 38 points out of 100 in the same year, china has 37 points out of 100 more the points, less is the corruption that means india is a little less corrupt than china while india ranks 76th in 2015, china ranks 83rd.
Corruption cannot be defined easily but in a deeper sense it is mostly concerned with bribery and has various forms being a global phenomenon, it has progressed and is now strong in the indian society in india, it is a result of the mash between bureaucrats, politicians and criminals.