Presented By :Parvez Ahmed Narendra Kirar

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Introduction Definition Causes of Corruption Effects of Corruption Consequences of Corruption Corruption in India Top Scams of India Dangerous conspiracies that India is facing What Country is losing? Effects on Economy Steps to Minimize corruption Conclusion

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The abuse of public power for private benefit.

WORLD BANK

The corruption is a global threat and obstacle which stands against on the way of both democratization and hampers economic development. It spread every aspect of life

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Trade Restrictions Government Subsidies Price Control Multiple exchange rate practices Low Wages Natural resources endowments Sociological factors

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Regression analysis indicates that the amount of corruption is negatively linked to the level of investment and economic growth, that is to say, the more corruption, the less investment and the less economic growth.

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In business In productivity of work In developing countries-reduced effectiveness of aid flows through the diversion of funds Tax evasion-loss of tax revenue. Reduced tax collection Public Welfare

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World Map Index of perception of corruption

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ESTIMATE OF DEPOSITS IN SAFE HAVENS Top 5 in the world India - $1456 billion (1.4 Trillion Note: While these dollars) numbers are not substantiated Russia $470 billion because of secrecy, it does reflect the UK $390 billion magnitude. Ukraine - $100 billion China $96 billion
Conservative Estimate by Global Financial Integrity

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As with many developing nations, corruption is widespread in India. India is ranked 72 out of a 179 countries in Transparency International's Corruption Perceptions Index, its score is 3.5 out of 10. Corruption has taken the role of a persistent aspect of Indian politics and administration.

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Index of Corruption by Indian states

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2G scam(2010) Common wealth games scam(2010) Satyam scam(2009)(14000cr) Adarsh housing society scam(2010) Hasan Ali Khan scam(2011) Stamp paper scam(Abdul karim telgi 2006)(20000cr) Chara ghotala(1996, 900cr)

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No punishment for the corrupt British Laws still being followed Operation of Swiss and Italy banks in India Corruption in Politics Corruption in Judiciary Corruption in Administration

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The TI India study estimates the monetary value of petty corruption in 11 basic services provided by the government, like education, healthcare, judiciary, police, etc.., to be around Rs.21,068 cr.

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Various Internal And External Challenges

IMPOVERISHMENT OF MILLIONS

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It is 3% of countrys GDP in just one scam!!! It is 20% of the money needed to create a National Grid (connecting all rivers in India). Such a grid would ensure perennial water-supply to every one of 6 lakh villages and to create 9 crore acres of land assured irrigation. This one scam alone is believed to exceed the colonial loot of 200 years!!

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Checks and balances Nepotism The Role of Media RTI E-Governance Education Bring the looted funds back. Develop Indian identity

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GET INVOLVED
India Against Corruption, Janaagraha, Save India From Corruption, 5th Pillar, and many such organizations, spiritual leaders, activists, experts are fighting valiant

battle.

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Do not lose heart

It happened in Hong Kong, 1974 when mass awakening established ICAC (Independent Commission Against Corruption) It happened in Peru in 2009 when people & supreme court overthrew President Fujimori It happened in Tunisia in 2010 when mass awakening overthrew President Ben Ali

It is happening NOW in Egypt against President Mubarak

It will happen in India

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Corruption may have considerable adverse effects on economic growth, largely by reducing private investment, and perhaps by worsening the composition of public expenditure.

Negative and significant relationship between corruption and government expenditure on education, which is a reason for concern since previous literature has shown that educational attainment is an important determinant of economic growth.

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A possible interpretation of the observed correlation between corruption and the composition of government expenditure is that corrupt governments find it easier to collect bribes on some expenditure items than on others.

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Thank you!!! Any Questions?

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