Chronicles of Corruption
Chronicles of Corruption
Chronicles of Corruption
Chronicles of Corruption
MUAG|NN
To put it simply, corruption is the abuse of public power for private gain. Corruption is the dishonest and fraudulent conduct of those in power. Corruption comes under various guises such as bribery, misappropriation of public goods, nepotism and influencing the formulation of laws for private gain. In essence, corruption connotes a deviation from socially accepted norms. Corruption in India has permeated every level of society; from senior bureaucrats and politicians, to high ranking public servants to professionals to criminals to lowly clerks and street vendors. Corruption is universal in its origin and application. In India, the concept and acceptance, of a corrupt bureaucracy has been existing since the Mughal rule. In those days, a fee known as baksheesh was paid to the officials to get every small thing done. During the British Raj, the country was even more corrupt. The man who is considered to have conquered India - Robert Clive returned to England to face charges of corruption in Parliament. Independent India inherited the same bureaucracy and has carried on in the same vein. Jeep Scandal Just a year after independence and were faced with our first scam as an independent nation. In 1948, the Indian government had placed an order of 2,000 jeeps with a London based firm which had false credentials. Most of the cash was paid upfront and only 155 jeeps were delivered. V K Krishna Menon, Indias then commissioner in London was linked to this scam also known as the Jeep Scam. Kalinga Tubes Scandal Well known politician Biju Patnaik, then CM of Orissa was linked with this scandal in 1965. He was forced to resign from his post after it was exposed that he favoured his own company Kalinga Tubes in awarding a government contract. Kuo Oil Scam In 1976 during the Emergency, the Indian Oil Corporation entered into a $200 million dollar contract with the Hong-Kong based Kuo Oil Co to take future deliveries at current prices. This company however turned out to be fictitious and the government lost Rs.13 crore. This scam is linked to then PM Indira Gandhi and Sanjay Gandhi. The Bofors Scandal Possibly the grandest corruption scam of its time, the Bofors Scandal in 1989 was a scandal to the tune of Rs. 4000 million. Prime Minister Rajiv Gandhi and several others were accused of receiving kickbacks from the Swiss Armaments firm Bofors AB for winning a bid to supply Indias 155 mm field howitzer. Harshad Mehta Scam Harshad Mehta was a highly successful Indian Stock Broker. In 1992, Mehta and his associates siphoned off money from banks and bought shares heavily at a premium. He achieved this by exploiting various loopholes in the banking system. When this scheme was exposed, banks started demanding their money back. It is estimated that the banks lost money to the tune of Rs. 5,000 crore.
All your life you pay. And for what? For things that should be free!
Unofficial Tatkal: Youre in a long queue to get your job done. You wish to jump the queue and walk out with your job completed. Hence, you offer something extra that speeds up the process.
Erase your misdeed: So you did something wrong. Naturally, you will wish to cover it up to maintain your clean image. So you decide to clean it up by offering your detergent which is beneficial to you as well as the public servant.
Unofficial Protocol: Tipping the peon at the collectors office with that well-known chaipaani because he feels he has obliged you.
CORRUPTION IN NUMBERS
India has lost a staggering $462 billion in illicit financial flows due to tax evasion, crime and primarily corruption post-Independence, according to a report released by Washington-based Global Financial Integrity. The report stated that 68% of India's aggregate illicit capital loss occurred after India's economic reforms in 1991, i.e. after deregulation and trade liberalization. Wealth being stashed in offshore destinations and tax havens further indicates the extent of the problem, the report said. The KPMG India Fraud Survey 2010 suggested that today India is faced with not merely petty bribes anymore, but scams to the tune of thousands of crores. This highlights the political and industry nexus which, if not checked, can have a far reaching impact on the economy.