nep final presentation on corruption

7/30/2019 Nep Final Presentation on corruption

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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


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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, themore 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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8/25World Map Index of perception of corruption21/07/2012 7


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Top 5 in the world

India - $1456 billion (1.4 Trillion

dollars)Russia - $470 billion

UK - $390 billion

Ukraine - $100 billion

China - $96 billion

ESTIMATE OF DEPOSITS IN SAFE HAVENS

Conservative Estimate by

Global Financial Integrity

Note: While thesenumbers are not

substantiated

because of secrecy,

it does reflect the

magnitude.


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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 PerceptionsIndex, 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 telgi2006)(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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IMPOVERISHMENT OF MILLIONS

Various Internal And External Challenges

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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 gridwould 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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GETINVOLVEDIndia 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 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 happened in Hong Kong, 1974 when mass

awakening established ICAC

(Independent Commission Against Corruption)

It will happen in India21/07/2012 20


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Corruption may have considerable adverseeffects on economic growth, largely by reducingprivate investment, and perhaps by worseningthe composition of public expenditure.

Negative and significant relationship betweencorruption and government expenditure oneducation, which is a reason for concern since

previous literature has shown that educationalattainment is an important determinant ofeconomic growth.

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A possible interpretation of the observed correlationbetween 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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nep final presentation on corruption

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