Recent reaction on Indian people over rising corruption has reached at bubble burst level. What Indian people feels“India a state of season of scams” includes the well known theft of billions by Indian officials behind Commonwealth games 2011 in Delhi; $40 billion of exchequeres money lost from the fabricated sale of 2G telecoms licences; and over $40 billion evaporated in Uttar Pradesh of food and fuel subsidy for the poor.
Foreign players, who have reduced their investment over the past year, rank graft as their biggest headache behind crumbling infrastructure.
Graft has been the common phenominon in India and people are used to it because they cant do anything to improve it alone.
Bofors scam brought down the Congress government in 1989. But there seems to be more of it about than ever, if only because India is getting richer fast, and the faster the economy grows, the more chances arise for mind-boggling theft.
Indian government claims that in the upcoming 12th plan, which will starts in 2012, $1 trillion will be spent on railways, ports, roads and so on, with billions more on re-equipping the Indian forces and in welfare schemes as well. Add in an insatiable appetite for scarce land, water and minerals and a monsoon of bribes is forecast.
Some people are inclined to shrug their shoulders despite the all, corruption does not seem to be stopping India from growing as india is still among fastest growing country of the world. Yet imagine how much better India would be doing without it.
Corruption increases costs not just to Indians, but also to the foreigners whose capitals are the despirate need of the country. Thanks in part to those scandals, India’s stockmarket was the worst-performing since scam brok out post 2010 diwali.
Government has begun to take action against powerful individuals. Maharashtra state’s chief minister was forced out over Adars Society scam.Suresh Kalmadi, the politician who ran the Commonwealth games . Most strikingly, Andimuthu Raja, the cabinet minister fabricator of the 2G telecom licences, is also behind the bar.
Right to information act has exposed the auctions for public goods, such as last year’s fabricated sale of the 3G telecom spectrum at theow away price. Technology is playing an important role In some states, bids for government contracts are being run online,it also helps anti-corruption agencies to monitor them.
Gujarat is pioneer they does this for all contracts over 500,000 rupees ($11,000). It also listed land records and death certificates online, cutting down on one form of petty graft. Websites, led by ipaidabribe.com, reveal the cost of graft by publicising the sums demanded for everything from registering a baby to fixing a broken water supply.
The union government is going through snail pace to implement a plan for a universal, computerised ID scheme. It would allow welfare payments to be paid into individuals’ bank accounts, hindering theft by state workers.
The licence Raj still in practice
Most of the people thinks here is no licence raj after the liberalisation. The state must outsource the official tasks, remove red tape and sell wasteful and corrupt state-owned firms why does the government make watches no body watches HMT but company is still making it. Under the “licence Raj” it can still take six month to get a construction permit and seven years to close a business. Regulations are not, by and large, deterrents to corruption, but a source of it.
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