Avinash

Acropolis Institute of Technology and

Research

Project on :- Corruption in India

Submitted by:-

Avinash XalxoJayesh TatwadeAshish MehraAshish SonekarGiriraj Chauhan

Submitted to :-

Ms Sweety Cornelius

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.

“The recent scams involving unimaginably big amounts of money, such as the 2G spectrum scam, are well known. It is estimated that more than trillion dollars are stashed away in foreign havens, while 80% of Indians earn less than 2$ per day and every second child is malnourished. It seems as if only the honest people are poor in India and want to get rid of their poverty by education, emigration to cities, and immigration, whereas all the corrupt ones, li] are getting rich through scams and crime. It seems as if India is a rich country filled with poor people"

Black moneyMain article: Indian black moneyBlack money refers to money removed from the official economy (via corruption, bribery, tax evasion, etc.) and stored outside of the country. A November 2010 report from the Washington-based Global Financial Integrity estimates that India lost at least US$462 billion in illicit financial flows, another word for black money, from 1948 through 2008. The report also estimated the size of India's underground economy at approximately US$640 billion at the end of 2008 or roughly 50% of the nation's GDP.

Black Money in SwitzerlandAccording to a 2010 The Hindu article, unofficial estimates indicate that Indians had over US$1456 billion in black money stored in Swiss banks (approximately USD 1.4 trillion). While some news reports claimed that data provided by the Swiss Banking Association Report (2006) showed India has more black money than the rest of the world combined,

a more recent report quoted the SBA's Head of International Communications as saying that no such official statistics exist. Another report said that Indian-owned Swiss bank account assets are worth 13 times the country’s national debt.

Right to Information ActMain article: Right to Information ActThe Right to Information Act (2005) and equivalent acts in the states, that require government officials to furnish information requested by citizens or face punitive action, computerization of services and various central and state government acts that established vigilance commissions have considerably reduced corruption or at least have opened up avenues to redress grievances. The 2006 report by Transparency International puts India at the 70th place and states that significant improvements were made by India in reducing corruption.

The truth is no one complains about corruption when it is to their advantage. People only complain when it adversely affects them. So, if everyone is honest and complains loudly even when corruption works in their favor, along with legislation that creates harsh punishment for corrupt people in power, we will be taking a step in the right direction. Corruption at the top can only flourish when it is fueled from the bottom. As long as there is someone at the bottom willing to pay a bribe, there will always be someone at the top to take it.

WE WANT DEVELOPMENT WE WANT

CORRUPTION FREE INDIA

WHY WE INDIANS ARE ????

What do you think?

Please raise your voice

Don’t keep silent

Write to the newspapers and TV

channels in your area and tell them

what do you want