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- Shadab Khan
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What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:00 pm
Hi
- karan
- Posts : 11270
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:12 pm
Generally speaking as “the abuse of entrusted power for private gain”. Corruption can be classified as grand, petty and political, depending on the amounts of money lost and the sector where it occurs.
- karan
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:12 pm
Grand corruption consists of acts committed at a high level of government that distort policies or the central functioning of the state, enabling leaders to benefit at the expense of the public good.
- karan
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:12 pm
Petty corruption refers to everyday abuse of entrusted power by low- and mid-level public officials in their interactions with ordinary citizens,
- karan
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:12 pm
who often are trying to access basic goods or services in places like hospitals, schools, police departments and other agencies.
- karan
- Posts : 11270
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:13 pm
Political corruption is a manipulation of policies, institutions and rules of procedure in the allocation of resources and financing by political decision makers,
- karan
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:13 pm
who abuse their position to sustain their power, status and wealth. See animated definitions of many corruption terms in our Anti-corruption Glossary.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:27 pm
● The biggest drawback of the country which has the largest democracy in the world is not population but corruption.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:27 pm
● In 2013, India ranked 94 out of 177 countries in the Corruption Perception Index of Transparency International.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:27 pm
● Corruption is often strong in countries with the smallest per capita incomes. Sadly India is one of them having low per capita income.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:27 pm
● There is currently no exclusive legislation to check corruption in the private sector in India.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:27 pm
● The Indian economy suffered a loss of INR364 billion in just one year excluding some of the big scams like 2G, the Commonwealth Games and mining.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:28 pm
● Most corrupt sectors are Infrastructure, Real estate, Metal, Mining, Power and utilities & Aerospace.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:28 pm
● Pharma, Retail, Consumer products and education sector are found to be less corrupt sectors.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:28 pm
● Excessive regulations, complicated taxes and licensing systems, opaque bureaucracy, monopoly, and the lack of transparent laws and processes are some of the causes of corruption in India.
- meenu007
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:28 pm
● India has US$1456 billion black money stored in Swiss banks (approximately USD 1.4 trillion).
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:28 pm
● Because corruption is willfully hidden, it is impossible to measure directly; instead, proxies for corruption are used.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:28 pm
● In 2013 India has ranked 94th out of 177 countries in Transparency International’s Corruption Perceptions Index, tied with Benin, Colombia, Djibouti, Greece, Moldova, Mongolia, and Senegal.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:29 pm
● In the private sector, corruption increases the cost of business through the price of illicit payments themselves.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:29 pm
● In public sector, a big gap gets created as public investment is diverted to private profit and thus simplest process becomes complex.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:29 pm
● Giving gifts, meals, refreshments or travel, Funds spent on liaising and bonus payments are some of the hot tactics used in documentation by which the bribe is been hided.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:29 pm
● Big issues like poverty, education for all, construction, cleaning, unemployment etc continue to remain as issue and fails to climb the wall of corruption.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:29 pm
● More than 62% of Indians had given bribes to get jobs in public & private sectors and to get their work process faster, according to Transparency International in year 2005.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:30 pm
● Bharat Swabhiman Trust, India Against Corruption and ASTRA are some organizations that are fighting against corruption in India.
- meenu007
- Posts : 9617
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Re: What is the Actual Meaning of Corruption?
Sat Jan 12, 2019 7:30 pm
● The most creative step was taken by “5th Pillar” for the creation of the zero rupee note (to give to corrupt officials when they request bribes).
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