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9 Feb, 2014

Corruption an inescapable reality – Hindustan Times

The 2009 recession, followed by a long-drawn out slowdown, coupled with scams tumbling out of the government’s closet one after the other, have unsurprisingly made traders in India pessimistic and dejected.

The HT-MaRS Governance Survey found that close to 70% of traders believed corruption had eaten into the system and that the malaise was so widespread that it was beyond their power or that of the common man to fight it.

“Something that could be obtained for Rs. 500 now sets us back by Rs. 5,000-10,000 because of corruption,” Ashok Gupta, a wholesale grocer in Delhi’s Chandni Chowk, said nonchalantly. “Corruption has become an inescapable reality.”

Read the rest: Corruption an inescapable reality – Hindustan Times.