Wednesday 16 October 2013

Corruption in India

Corruption in India is a major issue and adversely affects its economy.Most of the largest sources of corruption in India are entitlement programmes and social spending schemes enacted by the Indian government. Other daily sources of corruption include India's trucking industry which is forced to pay billions in bribes annually to numerous regulatory and police stops on its interstate highways.The causes of corruption in India include excessive regulations, complicated taxes and licensing systems, numerous government departments each with opaque bureaucracy and discretionary powers,

 monopoly by government controlled institutions on certain goods and services 
delivery, and the lack of transparent laws and processes.There are significant variations
 in level of corruption as well as in state government efforts to reduce corruption across India.

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