Sahil 123
Sahil 123
PRESENT BY :-
SAHIL
MASTER OF BUSINESS ADMINISTRATION(1st
year)
2429
content
What is corruption ?
Law for corruption
Characteristics of corruption
Types of corruption
Impact of corruption
How can we stop corruption
Corruption is wrongdoing on the part of an authority or
powerful party through means that are illegitimate,
immoral, or incompatible with ethical standards.
Corruption often from patronage and is associated with
bribery
LAW FOR CORRUPTION
(i) The Prevention of Corruption Act, 1988
(ii) The Prevention of Money Laundering Act 2002
(Article 23 of the UNCAC)
(iii) The Foreign Exchange Management Act 1999
(iv) The Right to Information Act 2005
(v) India and the United Nations Convention against
Corruption 2003 (UNCAC)
characteristics of corruption
1.Gap between group and individual interest
2. Two or more parties since one can hardly be corrupt
with one’s own self
3. Consenting adults that have a common
understanding
4. Benefit furtherance
5. Existence of power that could be grabbed, usurped,
entrusted or otherwise available
6. Misuse of the power that often drives a wedge
between intended and stated positions, for un intend
benefits .
TYPES:
1) Political corruption
2) Administrative corruption
3)Professional corruption
Political Corruption
It includes kidnapping, murder, violence, injustice etc.
To win in election, political leaders are using wine,
women, wealth and everything among the people
Professional Corruption:
It means related to business. It includes duplicating
medicines, duplicating import items/theft items,
duplicating hygienic products,
mixture in eatables etc. Mixture in spices, stones in
cereals, animal fats in ghee, kerosene in petrol etc. are
under professional corruption.
Administrative Corruption
It includes persons like higher authorities, officers, police
officers, clerks, peons, etc.
For example, If we give money, then we can get anything
difficult, easily
. Give money no need to visit the office, you will get driving
licenses. By Bribe, a blind and handicap can also get driving
license.
Money makes the mare go.
In hospital, court, & other Govt.
Offices everywhere you have to give money for any kind of
job.
Impact Of Corruption
- Hinders social and economic development and increases
poverty by diverting domestic and foreign investment away
from where it are most needed.
Weakens education and health systems, depriving people
of the basic building blocks of a decent life.
Undermines democracy by distorting electoral processes
and undermining government institutions, which can lead
to political instability.
Exacerbates inequality and injustice by perverting the rule
of law and punishing victims of crime through corrupt
rulings
How can we stop corruption ?
Greater solutions may include population control to
improve the quality than the quantity, Controlling
population will bring up the quality of life and thus
lesser competition and effective control of people and
government processes.
However feasible solutions are to impart moral
principles in schools, and introduction of stringent
audits, accountability, effective tracking of corrupt
individuals through citizen cards or tax id's.
Cont.
Computerization of processes, privatization of public
sectors, eliminating the chain of corruption by not just
punishing the first level but also higher levels
involved.
Corruption is not limited to atheists, even the most
corrupts are highly religious and have close family ties,
in other words corruption has no boundaries.
Religion and religious congregations can support and
promote anti-corruption drives.
Corruption is NOT a luxury tax. Whoever described
corruption is a luxury tax probably said it out of
frustration, the religion of corruption, the corruption
of politics, the dishonest souls and perversion of
integrity is unpardonable.