Corruption has a significant negative impact on India's education, employment, living standards, and humanity. India ranked 94 out of 176 countries in corruption according to a 2012 index. Corruption occurs through political, administrative, and professional means. It leads to issues like lack of employment, economic stability, and effective leadership. Corruption results in a loss of national wealth and hinders development. Some major corruption scandals in India include the 2G spectrum scam, Commonwealth Games scandal, and Satyam scandal. The Prevention of Corruption Act of 1988 aims to prevent corruption by punishing public officials with imprisonment and fines. Modernization of lifestyle and lack of concern for the country's future are seen as contributing to increased corruption.