India continues to be one of the most corrupt nations in the world with many of its public institutions given to rampant misdeeds. Corruption is India's bane and threatens to derail its rapidly growing economy. The country ranks a dismal 84th in a list of 180 countries, according to Transparency International's 2009 Corruption Perceptions Index, a measure of domestic and public sector corruption. The corruption watchdog says that many African,...
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India retains position among the world's most corrupt nations
India is still perceived to be one of the most corrupt countries by the transparency international in its annual corruption perceptions. India has been ranked 84th in the list of 180 countries in terms of public-sector corruption, which is perceived to be highly corrupt. While releasing the list of naming and shaming the world's most corrupt countries, the international watchdog has for the first time recommended that tax havens like Switzerland...
More »The climate coalition by Sunita Narain
The new alliance, with India as a 'deal-maker', will do little to cut emissions to anywhere near the desired levels As the clock ticks to Copenhagen, how low is the world prepared to prostrate to get climate-renegade US on board? Is a bad deal in Copenhagen better than no deal? The US’ intentions are not good for the climate. It has proposed that it will not take international commitments but...
More »Surprisingly good news by Ashok V Desai
India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...
More »Release of 2009 Global Corruption Barometer
The private sector uses bribes to influence public policy, laws and regulations, believe over half of those polled for 2009 Global Corruption Barometer. The Barometer, a global public opinion survey released today by Transparency International (TI), also found that half of respondents expressed a willingness to pay a premium to buy from corruption-free companies. “These results show a public sobered by a financial crisis precipitated by weak regulations and a...
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