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Corruption in India

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eBook details

  • Title: Corruption in India
  • Author : Bibek Debroy & Laveesh Bhandari
  • Release Date : January 01, 2011
  • Genre: Politics & Current Events,Books,
  • Pages : * pages
  • Size : 1040 KB

Description

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.

In the book 'Corruption in India: The DNA and RNA' authored by Professor Bibek Debroy and Laveesh Bhandari say that the public officials in India may be cornering as much as Rs.92,122 crore ($18.42 billion), or 1.26 per cent of the GDP, through corruption. The books estimates that corruption has virtually enveloped India growing annually by over 100 percent and most bribery is accrued from the transport industry, real estate and "other public services". On March 31, 2010 the Comptroller and Auditor General of India said that unutilised committed external assistance was of the order of Rs.1,05,339 crore.”


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