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India becomes most corrupt nation in world: Indian Daily

ISLAMABAD—Corruption in India is not only confined to politicians or the government machinery alone but to the entire society at all levels said an article in Indian Daily, Central Chronicle on Wednesday.
India's contribution to the world is zero. In the matter of bribery and corruption they are the heroes, for they discriminate not, the paper says.
No wonder Transparency Bribe Payer's Index 2006 brands India the most corrupt nation in the world. India now becomes the most corrupt exporting nation in the world too.
This ranking is a matter of serious concern at a time when Indian business is aggressively scouting to buy out foreign companies. India has been repeatedly branded as one of the most corrupt countries of the world. The ranking does notimprove with the passage of time.
The abysmal ranking suggests that we have few institutional checks and balances to ensure that business, whether at home, or abroad, is conducted in an ethical manner, says the daily.
Files take forever to move, civil servants seem beyond accountability and the judicial system is dogged with delays. It is very difficult for anybody to thrive in such an environment.
According to the daily several international companies are reported to have complained that it is difficult to do business in India, as palms have to be greased at every level to get things moving.—APP

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