Corruption is a direct index of the lack of good governance

Jan 29 • Group Discussion • 1244 Views • 4 Comments on Corruption is a direct index of the lack of good governance

If India is poorly governed, the reason is that we have designed our system of governance for protecting, if not encouraging . Corruption is a direct index of the lack of good governance. India is one of the most corrupt countries in the world, ranking 72 out of 91 in the Corruption Perception Index of M/s Transparency International, a Berlin based NGO.

If India is poorly governed, the reason is that we have designed our system of governance for protecting, if not encouraging, corruption.

The PPSC case only highlighted how a constitutional body which was designed to ensure that there was fairness and probity in selection to public service itself could be compromised. But in every sector we find that we have designed systems for encouraging corruption and poor governance and then complain that we are not able to check corruption.

Let us look at some examples. The voluntary disclosure of income scheme (VDIS) under which those who had black money could convert their black money to white on payment of 30 per cent income tax against a situation earlier when those who were in higher income brackets had to pay 40 per cent, clearly put a premium on dishonesty!

It was a slap in the face of all honest Indian tax payers. If we find that 40 per cent of the Indian GDP is black money, how can we complain? After all we created the black money by policy.

Black money has many avatars. Mostly it is in the form of benami property or accounts. In 1988 September, the Benami Transaction Prohibition Act was passed. Section 5 of the Act empowers the government to confiscate benami property.

Section 8 provided that government would prescribe the rules under which the benami property could be confiscated. It is more than 13 years but still government of India have not prescribed the rules under Section 8 for confiscation to be implemented.

This is a case where even though legislation may be passed to check corruption, when it comes to implementation, we fail completely.

Industries in our country can become sick but our industrialists do not become bankrupt. This is because the Sick Industries Companies Act (SICA) and the institution of the Bureau of Industrial and Financial Reconstruction (BIFR) has been so totally transformed to serve the interests of the unscrupulous industrialists and the labour aristocracy that the original intention of protecting the interest of the creditors is totally lost in its Indian avatar.

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4 Responses to Corruption is a direct index of the lack of good governance

  1. Mitali Panda says:

    we are in developing country………… and are we going to say this the whole life time as the investment for development is being ate by the politicians and the peoples who all are selfish. there are a lot of issues like 2g scam, CWG scam and the scam of Madhu Koda the former CM of Jharkhand has said it all. we should thank these fellows for making our nation called as developing rather then we would have called it now as developed one.

  2. Pallavi sinha says:

    India doesn’t not show any impressive development in the major fields like education , GDP etc but on the top list in most corrupted country. Almost every system in India are being corrupted and completion of appointed work depends upon the amount of money given by the client. We can except proper action against this by govt. but we can’t becoz most corrupted people captures the top most leaders seat in our country.

  3. patlakshi says:

    I completely agree to the given statement that yes corruption is the direct index of the lack of good governance. Because this is due to lack of government policies and rules and regulation that india is engulfed with so much corruption. Nowadays whether be it private or public everybody accepts bribes for anything and everything.

  4. Divya Acharya says:

    corruption is making the gov. and system empty from inside.

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