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Corruption is Morally Bad But Economically Beneficial For A Nation's Prosperity"Against The Motion Presented By : Anish Garg Dipen Bhardwaj Praveen Gaur Sumeet Ramani Vibhor Agarwal
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ends , triangle has three , a line has two but If We Do not do Something For Our Country ,Then Corruption Has No Ends.
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Index
1)=Introduction.
2)=Form of corruption. 3)=Destruction Of Prosperity. 4)=Black money. 5)=Economy loss. 6)=Opportunity Loss. 7)=Reference's.
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Corruption
As with many developing nations, corruption is widespread in India also. India is ranked 95 out of a 182 countries in Transparency International's Corruption Perceptions Index. M+D = C(Monopoly+Discretion=Corruption)
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Forms of Corruption
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Corruption In Politics
Criminalization of Indian politics is a main problem. In July 2008 Washington Times reported that nearly a fourth of the 540 Indian Parliament members faced criminal charges, "including human trafficking, immigration rackets, embezzlement, rape and even murder". At state level, things are often worse.
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Corruption In Administration
A 2009 survey of the leading economies of Asia, revealed Indian administration to be not just least efficient out of Singapore, Hong Kong, Thailand, South Korea, Japan, Malaysia, Taiwan, Vietnam, China, Philippines and Indonesia. Further it was also found that working with the India's civil servants was a "slow and painful" process.
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Corruption In Administration
Officials often steal state property. In Bihar, more than 80% of the subsidized food aid to poor is stolen. In Government Hospitals, corruption is associated with non availability of medicines (or duplicate medicines), getting admission and consultations with doctors.
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Corruption In Judiciary
Corruption is rampant in the judicial system of India. According to Transparency International, judicial corruption in India is attributable to factors such as "delays in the disposal of cases, shortage of judges and complex procedures, all of which are exacerbated by a preponderance of new laws".
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Destruction Of Prosperity
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Black Money
Swiss bank revealed India has more money than rest of the world. The second best Russia has 4 times lesser deposit. Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders.
source-http://data.worldbank.org/sites/default/files/gdf_2012.pdf
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Sources of generation
Source- The Hindu
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IMPACT
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900 crore
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India lost a total of $462bn in illegal capital flows between 1948, a year after Independence, and 2008. The common man, the society are encouraging the corruption. People deter from considering legal recourse in corruption. Organizations pay bribes to win and retain businesses.
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The primary obstacle to implementing stricter controls over corruption is the general social climate. If society continues to accept the normality of corruption, politicians will not be pressed to implement countermeasures
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Opportunity Loss
Opportunity lost is the cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen).
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How
INDIA could have used the scam Amount for Several Purpose.
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References
1) Time of India. India Times, com/India/Black-Money-Donations/11871624--13th Feb 2012. 2) The Hindu : News/ National: Black Money: India backs Convention WWW.thehindu.com/News/National 25th Feb 2012. India 3) Headlines Today Bureau (2011-03-09). Black Money : Tax havens exposed : Europe : India Today. India Today. intoday.inRetrived 2011-05-09. 4) The secrets Behind the Black Money Scam abcNEWS.Retrived 2nd December 2011. Black Money. Times of India India times. 5) http://finmin.nic.in/reports/ind_ext_debt.asp 6) http://www.thegcg.org/ 7)kpmg survey 2010
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Promotion
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