About 54% Indians paid a bribe in the past year, according to a global survey by Transparency International (TI), which pegs the extent of corruption in India at levels comparable with Cambodia, Nigeria, Afghanistan, Senegal, Uganda and Liberia. TI’s Global Corruption Barometer survey, released on global anti-corruption day, measures public perception on corruption across the world. One metric asks respondents if they had paid a bribe during the past 12 months...

Every passing day makes it clear that the proposed food security law may not come by for a while. One report quoting the Planning Commission even suggested that it can be expected only in 2012. This Twelfth Plan (2012-17) launch has support from the concerned dual Ministry of Agriculture as well as Food, Consumer Affairs and Public Distribution. In that eventuality it does mean a surge in food insecurity.A dispassionate...

Each of the 18 samples of concrete cubes from the Shivaji Stadium site failed the test for required strength. The sample strength was 60%-85% less than the expected standard, raising questions on structural safety. * The tendered cost for Naraina flyover was 48% higher than the estimated cost. While cost overruns were double in the case of the road underbridge at Sewa Nagar. * Targets were revised, penalties waived for the contractor...

Advocates of liberalisation argue that by reducing state intervention and increasing transparency economic reform reduces corruption. Recent allegations of corruption suggest that this may not be true. In a season for scandal, allegations of large scale corruption have captured political India's attention. The instances to which such allegations relate are many, varying from the sale of 2G spectrum and the mobilisation and/or disposal of land and mining resources to purchases made...

Indian federal investigators have announced an inquiry into 21 companies in connection with a banking loans scandal. Eight bankers have already been arrested this week, including senior executives of top state banks, accused of taking bribes to sign off loans. The Bombay Stock Exchange fell by 1% as a result of the inquiry, analysts said. The investigation is the latest in a series of corruption scandals to hit the country. Those arrested on Wednesday...