Corruption in India

The causes of corruption in India include excessive regulations, complicated taxes and licensing systems, numerous government departments each with opaque burea

Corruption in India


26 January 2013 - 9:14 am

Description

The causes of corruption in India include excessive regulations, complicated taxes and licensing systems, numerous government departments each with opaque bureaucracy and discretionary powers, monopoly by government controlled institutions on certain goods and services delivery, and the lack of transparent laws and processes. There are significant variations in level of corruption as well as in state government efforts to reduce corruption across India. Corruption in India is a major issue and adversely affects its economy.

Categories: Business  & Management

Tags: Corruption, regulations, complicated taxes, discretionary powers, reduce corruption, economy