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Corruption in India

Essay by   •  September 28, 2011  •  Essay  •  349 Words (2 Pages)  •  1,334 Views

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corruption in india is effecting each and every religion ,its the time of youth to enter into the politics because the young blood desires to do anything thats the reason why these polititians attracting the people moreover the polititians are uneducates i.e bunch of crooks sitting in assembly talking about 2G scam doesn't make a sense that they are really talking about 2Gscam but they are making money.

"The recent scams involving unimaginably big amounts of money, such as the 2G spectrum scam, are well known. It is estimated that more than trillion dollars are stashed away in foreign havens, while 80% of Indians earn less than 2$ per day and every second child is malnourished. It seems as if only the honest people are poor in India and want to get rid of their poverty by education, emigration to cities, and immigration, whereas all the corrupt ones, like Hasan Ali Khan are getting rich through scams and crime. It seems as if India is a rich country filled with poor people",[8] the organisers of Dandi March II in the United States said.[9]

The Comptroller and Auditor General of India said, "As on March 31, 2010, unutilised committed external assistance was of the order of Rs.1,05,339 crore."[10]

According to Jitendra Singh, "in the bad old days, particularly pre-1991, when the License Raj held sway, and by design, all kinds of free market mechanisms were hobbled or stymied, and corruption emerged almost as an illegitimate price mechanism, a shadowy quasi-market, such that scarce resources could still be allocated within the economy, and decisions could get made. ... These were largely distortions created by the politico-economic regime. While a sea change has occurred in the years following 1991, some of the distorted cultural norms that took hold during the earlier period are slowly being repaired by the sheer forces of competition. The process will be long and slow, however. It will not change overnight."[15] One of the major problems and obstacles to development that many developing countries face is corruption by greedy, power-hungry politicians, which is endemic in certain parts of the world.

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