That India is a corrupt nation is not big news but that it is the 4th most corrupt country out of 47 other Asian countries comes as a shocker. Its just slightly better than Indonesia, Thailand, Cambodia.
In a recent survey conducted by Political and Economic Risk Consultancy (PERC), India, scored of 7.21 on the corruption index making it the fourth most corrupt nation in Asia.
Stringent laws that make business transactions difficult are one of main reasons why India finds itself at the top of the list. This could prove as a serious deterrent at a time when India is producing a generation of professionals and companies are on a shopping spree around the world.
Unethical practices, red tape and bureaucracy in government organisations were instrumental in adding that stigma to Indias growing economy. Corruption has rocked the Indian system for years and out politicos do little to fight it off.
For more on this article, please click on the following link: India more corrupt than Pakistan: Report: UTVi
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