2. Page2
Topics
► Corruption perception Index
► Top Indian sectors
► Top corruption and scams
► Top five reasons
► Where to start
► Roles and Responsibilities
► Role of Indian Inc
► Drivers
► Use of technology
4. Page4
Top Indiansectors
Corruption percolating through the sectors
Bribery and corruption are pervasive, but some sectors tend to witness a relatively higher degree of such
instances. Following sectors as the most vulnerable to corruption
► Infrastructure and real estate – 85%
► Metal and mining 76%
► Aerospace and defense 645
► Power and utilities 51%
5. Page5
Top public Resources
► Mines and Minerals
► Oil and Natural Gas
► Sand
► SEZs
► Stock market& Securities
► Telecommunication
► Defense
► Corporate
6. Page6
Top stories
► 2011 Antrix Devas deal: The scam involves former ISRO
chairman G Madhavan Nair and three other scientists who were
responsible for a controversial contract betweenAntrixCorporation and
Devas Multimedia Private Limited on January 28, 2005. Under the deal,
Antrix was to provide 70 MHz of S-Band wavelength to Devas for
broadcasting purposes.This was to be done by ISRO leasing out S-band
transponders in two satellites (GSAT6 and GSAT6A) to Devas.
► KG basin gas price: SC issues notices to
Centre, RIL --The government's controversial decision to
raise the price of natural gas came under judicial scrutiny with the
Supreme Court on Monday agreeing to examine the matter and
issued notices to the Centre and Reliance Industries Ltd (RIL).
► A bench headed byChief Justice P Sathasivam issued notices to
Centre and RIL on the issue.
7. Page7
Top 5 reasons
► Weak law Enforcement
► Number of government “touch points”
► Complicated taxes and licensing system
► Very old legislations and rules along with guide lines
► Gaining an unfair advantage in business
What are the top five reasons for this increase in corruption
10. Page10
Roles andResponsibilities
• Build strong E
Governance
• Transparency in bidding
and evaluation process
• Strengthen our Laws and
prosecution process
• Empower investigation
agencies with autonomous
structure
• Transparency at every
stage
•Transparency in fund
collections
•Disclosure of assets
• Credible politics
• Transparency in corporate
governance
• Collective business
associations
• Anti fraud frame works
• Set the tone at the top
Indian Inc
Political
Accountability
Public
Management
Enforcement
Anti Corruption
11. Page11
Role of India Inc
Acknowledge: there are diverse risks for different divisions and geographies, and the one-size-fits-all approach is not
effective
Be alert: constant updating is required on current bribery risks in a country, sector, transaction, business opportunity and
business partnership
Take the right approach: action taken on policies and procedures should be proportionate to the risks faced and the
complexity of the nature, location and scale of commercial activities
Define “Zero tolerance” clearly communicate what this means for the business
Do not be ambiguous: provide clear guidance on gifts, hospitality, political and charitable donations, and demands for
facilitation payments
Perform due diligence: carry out systematic risk assessment of third parties, undertake site visits, perform information
searches in the public domain and conduct local interviews to collect information on identified sources
Conduct tailor-made training: a continual and relevant training process needs to be in place for the day-today issues
employees are likely to face, to guide them effectively for the addressing these effectively
Ensure that “speak up” channels such as hotlines are available for your employees. Businesses need to focus more closely on
on driving ethical growth for shareholder value.
13. Page13
Useof technology
► Developstrong E Governance, E procurement etc.
► Connect everysupply chain point along with checkpost / points
► Develop automation in allotment, fee estimations, payments etc.
► Publish all necessaryinformation online
►Technology assisted evaluation of materials and process
► Use of GlS and GPS technologies
►Involveboth private and government participation in the investigations.
►Effective investigation of all corruption issues with use of technology to deepdive in to the problem.
