Wednesday, April 27, 2011

Statistics - Indian Corruption

From the time of birth till death, nothing will move in India with out paying bribe. Here are some interesting Statistics on Corruption in India.

  • 85% of Indians had first-hand experience of paying bribes or influence peddling to successfully complete jobs in public office.
  • Criminalization of Indian politics is a serious problem. In July 2008 The Washington Post reported that nearly a fourth of the 540 Indian Parliament members faced criminal charges, "including human trafficking, immigration rackets, embezzlement, rape and even murder".
  • India tops the list for black money in the entire world with almost US$1456 billion in Swiss banks (USD 1.4 trillion approximately) in the form of black money.According to the data provided by the Swiss Banking Association Report (2006), India has more black money than the rest of the world combined.
  • Indian Swiss bank account assets are worth 13 times the country’s national debt.
  • India's traditionally ruling family's (Gandhi's) financial net worth to be anywhere between $9.41 billion (Rs 42,345 crore) to $18.66 billion (Rs 83,900 crore), most of it in the form of illegal monies.

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