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Project on :- Corruption in India



Submitted by:-                    Submitted to :-

Avinash Xalxo                     Ms Sweety Cornelius
Jayesh Tatwade
Ashish Mehra
Ashish Sonekar
Giriraj Chauhan
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 money
Main article: Indian black money
Black 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 Switzerland
According 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 Act
Main article: Right to Information Act
The 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.
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
Avinash

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Avinash

  • 1. Project on :- Corruption in India Submitted by:- Submitted to :- Avinash Xalxo Ms Sweety Cornelius Jayesh Tatwade Ashish Mehra Ashish Sonekar Giriraj Chauhan
  • 2.
  • 3. 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$5 billion in bribes annually. In 2010 India was ranked 87th out of 178 countries in Transparency International's Corruption Perceptions Index.
  • 4.
  • 5. “The recent scams involving unimaginably big amounts of money, such as the 2G spectrum scam, are well known. It is estimated that more than trillion dollars are stashed away in foreign havens, while 80% of Indians earn less than 2$ 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"
  • 6.
  • 7. Black money Main article: Indian black money Black 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.
  • 8. Black Money in Switzerland According 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.
  • 9.
  • 10.
  • 11. Right to Information Act Main article: Right to Information Act The 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.
  • 12.
  • 13. 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.
  • 14.
  • 15.
  • 16.
  • 17. 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