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Corruption Is The Enemy Of Development

"Corruption is a crime, let's destroys it before it destroys us." Fight corruption if you want a better society.

Let's start with first question that what is a Corruption?

  • Corruption refers to a form of criminal activity or dishonesty. It refers to an evil act by an individual or a group.
  • Corruption defines as the abuse of entrusted power for personal gain.
  • Corruption erodes trust of people, weakness democracy, hampers economic development and exacerbated inequality, poverty, social division, violation of social justice principle and environmental crisis.
  • Public servant demanding or taking money or favors in exchange for provide services.
  • Politician misusing pubic money or grating public job or contract to their, family members and friends.
  • Corporations bribing official to get economic deals.

The Top Ten Biggest Scam in India:

  • The Securities Scam 1992 (Stock Manipulation Scheme)

    In the year 1992, Indian stock market scam was a manipulation by Harshad Mehta with other bankers and politician on Bombay Stock Exchange. (Refer Janakiraman Committee 1992)
     
  • The fake Stamp papers Rackets (Telgi Scam)

    The scam related to printing and making of fake stamp papers in the country.
    The mastermind behind this scam was Abdul Karim Telgi. (The Scam 2003)
     
  • Tax Default Case (Income Tax)

    Hasan Ali Khan leads the list of income tax default in the financial year 2008-09. He was issued a notice by Income Tax Department demanding tax amount to over Rs 50,000 crore.
     
  • Sataym Scam (Corporate Fraud)

    The founders of Sataym were found guilty for committing fraud worth Rs 7000 crores. The account of the company had been manipulated. (2009)
     
  • Housing Loan Scam (Fake Housing Loan Case)

    In 2010 the fake housing loan in India was covered by the CBI (Central Bureau of Investigation). CBI arrested eight top ranking officials of public sector related to banks and financial institution.
     
  • Waqf Board Land Scam (Trust Case)

    In the Karnataka, nearly half of the 54,000 acres that is in the custody of the Waqf board has been misused. Property worth report around Rs 2 lakh cores has been illegal transferred to private entity and individual. (Between 2001 and 2012)
     
  • Vypam Scandal (The Scam related to Entrance examination , Admission and Recruitment Sector)

    The scam involved politician, senior and junior officials and businessmen employing imposter to write papers, manipulated exam hall seating arrangement and supply forged answer sheet by bribing to officials. (Madhya Pradesh in 2013)
     
  • Saradha Scam (Alleged Political Scandal)

    The Saradha group had collected money over Rs 2,459 crore out of which Rs 1,983 crore remained unpaid to the depositors till date (Excluding the interest amount)
     
  • PNB Bank Scam (Fraud Case)

    The Punjab National Bank case related to fraudulent letter of undertaking worth Rs 11,356.84 crore. The fraud was allegedly organized by Nirav Modi & others.
     
  • ABG Shipyard Bank Scam (Banking Sector Fraud)

    The Central Bureau of Investigation (CBI) has booked chairman of ABG Shipyard and others directors of the company for the alleged misappropriation of Rs 22,842 crores from a consortium of 28 banks.
According to official information shared by the minister of state Dr. Jitendar Singh recently in the Rajya Sabha, 2,370 cases related to corruption and bribery were registered by the Central Bureau of Investigation (CBI) against 3,370 civil and public servant between 2017 and 2021 in the country.


Coming to second question that what are types of Corruption?

There are many types of corruption lets understand them in points:
  • Bribery means offering, giving, receiving or soliciting of any items of value to influence of the actions of an official or other person in charge of a public or legal duty.
  • Trading in influence is a form of corruption it's related to situation where a person misuses influence over decision making process for a third party.
  • Patronage (Favoritism) it is also types of corruption where person in power reward to their family member & friends.
  • Nepotism and Cronyism, Nepotism refer partially family and whereas Cronyism refer to partially friends & associated person. In this case people give reference to their selective member only.
  • Gombeenism and Parochialism refer to individual or group people who are dishonest and corrupt for the personal gain.
  • Electoral Fraud & Political Influence
    Electoral fraud refers to process of malpractice in election process.
    Political influence related to person in power who misuse and abuse the power for personal and political gain. (Interference in Government work, Refer Vohra Committee)
  • Embezzlement is the theft of entrusted funds. When the Public Service and fund utilize for difference purpose./
    Example when an official assign public employees to renovate his own house.
  • Kickbacks it is a form of corruption where bribery paid in terms of commission for exchange the services.
     

Addressing the nation from Red Fort on the 76th Independence Day, Dated 15th Day of August 2022

Prime Minister Narendra Modi said the two big challenges before country are nepotism and dynasty and corruption, asserting that we have to fight against these together.

He said that to cleanse every institute in India, opportunity should be given to people who deserve it.

Prime Minister Further said the nation show anger towards corruption but not the corrupted

Until and unless, people have the mentality of penalising the corrupt, the nation cannot progress at an optimum pace.

We need to come together as a society to punish those who have propagated the evil of corruption.

Conclusion:
The Government provides several services to citizen. If the government functionaries demand bribe for any government duty, the citizen should approach respective authority.

Fight corruption if you want a better society and corruption free country.

Reference/Bibliography:
  • https://www.transparency.org/en/what-is-corruption
  • https://en.wikipedia.org/wiki/Hasan_Ali_Khan
  • https://www.livemint.com/news/india/nepotism-and-corruption-two-big-challenges-before-country-pm-modi-11660541183074.html
  • https://www.newindianexpress.com/nation/2022/mar/24/cbi-lodged-more-than-2000-cases-of-corruption-against-over-3000-civil-servants-in-5-years-2433689.html
  • http://www.epitomejournals.com/VolumeArticles/FullTextPDF/56_Research_Paper.pdf
  • https://www.thehindu.com/news/cities/mumbai/cbi-ed-register-cases-against-hasan-ali-khan/article17468525.ece
  • https://en.wikipedia.org/wiki/Vyapam_scam
  • https://unacademy.com/content/bank-exam/study-material/general-awareness/janakiraman-committee-report/
  • https://www.indiatoday.in/binge-watch/story/scam-2003-the-telgi-story-all-that-we-know-so-far-1775529-2021-03-04
  • https://cleartax.in/g/terms/satyam-scam-satyam-scandal
  • https://www.indiatoday.in/india/story/ed-attaches-assets-west-bengal-saradha-chit-fund-scam-case-1933887-2022-04-05
  • https://en.wikipedia.org/wiki/2010_housing_loan_scam_in_India
  • https://www.indiatoday.in/magazine/the-big-story/story/20220307-abg-shipyard-scam-india-s-biggest-banking-fraud-1917382-2022-02-26
  • https://en.wikipedia.org/wiki/Punjab_National_Bank_Scam
  • https://en.wikipedia.org/wiki/Political_corruption

Award Winning Article Is Written By: Mr.Hinesh Navratan Rathod, B.com, LLB student - Thakur Ramnarayan College of Law (TRCL), Mumbai.
Awarded certificate of Excellence
Authentication No: SP224866418663-5-0922

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