Corruption-A Billion Dollar Industry

The spate of scandals in the recent times has taken us back ,where India has slipped three places in the global ranking of most corrupted countries from 84th to 87th.UPA in the second term had promised to tackle out inflation,recession, turbulance in fuel, naxalism etc but in spite of that UPA has reached greater heights in "corruption“,the only advancement and growth they have seen in the second term. Allocating of unified access service licenses of 2G spectrum was the bigger playground for them where they have reached their target of highest figures of 1.76 lakh crore before completion of successful second year in the second term. Former union telecom minster. A. Raja being the Night watchman has evaded norms and sold out 120 unique licenses at a throw-away price which were already pegged at 2001.There was no other bigger scam than this in India. Next was the commonwealth games corruption which we could call it literally as a loot under lime light!!!!Payment to non-existent parties, will-full delay in execution of contracts,over inflated price and bungling in purchase of equipments through tendering and misappropriation of funds, all these were the sources of money into their pocket. Even the SBI and SBP banks paid 90 crores to the DDA,which was the bank guarantee paid on behalf of the contractor Emaar were also into their pockets. With 2G and CWG at the top spot others scams behind these were,IPL scam which involved corruption by the business tycoons and the big-pocket industrialists in the selection of players and franchise.satyam scam,Telgi scam,Bofor Scam,Hawala scam were it is all the list of scandals in india just not ending and becoming grave by every decade. The government says that it lying 20km of road a day and planning to develop infrastructure which can all be done with the help of public-private partnership, where again it comes as a no-brainer that political parties attract from big-pocket industrialists. A report says that 58% of corruptions are built by industrialists and politicians, with the cost of corruption to the country alone exceeding 250,000 every year. The result is being that the government has no time to workout with the nation where the inflation has touched 11.53 today with increase in fuel prices and food inflation touching 18.32 in the starting of the year 2011.It is a spate that poor people are being affected. It is the middlemen who play out a bigger role in corruption, not a single common man’s bribe. So let us hope that we should have an entire reformation in every field of politics and in the place of industrialists to make eliminate corruption from our Nation.