2010: Year of Corruption

Year 2010 have passed but many things have gone unnoticed. Year 2010 will be remembered for disclosures of many corruptions, Year 2010 will be remembered as year of corruption for thousands of years. But here I have fearness that the way Sonia and party is involved in appeasement to safeguard throne, Year 2011 may not become history as year of corruption.Corruption in India has not only become multi billion dollar industry but become somewhat legal with Thomas as CVC, even the world is aslo recognising India as legally corrupted country. Whatever like Aadarsh housing society, CWG, 2G, etc we know is only the tip of the iceberg. You go in any office for any work without greasing the hands of from peon to head of department or even local leaders to ministers your work will not be done. You will be forced to pay. If you try to disclose this matter your job will be struck in legal proceeding, ultimately you will be sufferer. Here my suggestion is that government should legalize by making law and fix the bribe amount and time of job, at least people will have some relief.

If you go by the Comptroller and Auditor General (CAG) report which is not accepted by Kapil Sibal like god of honesty like leader has said that the Indian exchequer has lost anywhere between $22 billion and $45 billion in the 2G Scam - an amount which could have fed every destitute Indian for the for the next 10 years or funded some of the employment programs for at least five years and could have reduced every citizen's tax rate by 15% for a year or so. And while we are concentrating on just a handful of incidents, there could be tens of thousands of incidents of bribery that go unnoticed - be it while giving an industrial licence or even while issuing a SME loan! You can not imagine the magnitude. How less it is na for our country? If we go by what Management Guru C.K.Prahalad has to say, then the cost of corruption to the country might well exceed Rs. 250,000 crore.

Corruption have not only damaged the brand image of India, but also stands to hamper the country's growth story. Ogranisation like FICCI have started calling for "summary punishment in a fast-track process for anybody found indulging in corrupt practices," but it is a distant dream. The chamber "to preserve India's robust image and keep the growth story intact" has called "for transparency, accountability and probity in our system of governance. We urgently need rules and regulations that do not allow rent-seeking." The question however is: 'Who will take the task of weeding out the rotten apples from the good ones?' CVC Thomas or our PM who is involved in the act of wooing leaders like M Karunanidhi or Sharad Pawar or Mamta to safeguard his chair.

While these gory facts of continuous corruption are for everyone to see, a possible solution to this massive problem seems to elude us all. If you have any suggestion on how this rampant corruption in the country can be arrested, do share with us. Also tell us if you have encountered with any corrupt official while doing business.