Corruption In India: A Billion Dollar Industry
Political corruption and bureaucratic corruption in India are major concerns. A 2005 study done by Transparency International in India found that more than 15% of the people in India had firsthand experience of paying bribe or peddling influence to get any type of job done in a public office. Taxes and bribes are a daily life fact, common between state borders; Transparency International estimates that truckers pay annually US$5 billion in bribes.For 2010, India was ranked 87th of 178 countries in Transparency International's Corruption Perceptions Index. As of 2010, India is the ninth-most corrupt country in the world, with about 54% of Indians paying a bribe in the past year, according to a global survey by Transparency International (TI). India needs to deal with the malice of corruption and improve governance in Asia's third-largest economy, Prime Minister Manmohan Singh said on 18 March 2011.Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders only if the respective governments formally asked for it.. Indian government is not asking for the details….. ..no marks for guessing why?
We need to start a movement to pressurise the government to do so! This is perhaps the only way, and a golden opportunity, to expose the high and mighty and weed out corruption!
Please read on……and forward to all the honest Indians to…..like somebody is forwarding to you…….and build a ground-swell of support for action ! Is India poor, who says? Ask the Swiss banks. With personal account deposit bank of $1,500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country’s foreign debt, one needs to rethink if India is a poor country?
DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $1500 billion, which have been misappropriated by them. This amount is about 13 times larger than the country’s foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each.
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