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8 points to prove that corruption is the reason of economic slowdown in India
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8 points to prove that corruption is the reason of economic slowdown in India

@raghavendra · · 3 views · ·

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Friedrich Nietzsche, the German philosopher, cultural critic and poet once aptly described corruption as inhumane and dangerous than prostitution. According to his train of thoughts, “People who live in an age of corruption are witty and slanderous. They know that there are other kinds of murder than by dagger or assault. It has everything to do with the perilous corruption.” [caption id="attachment_2491" align="aligncenter" width="866"] Under-the-table transactions...[/caption] Interestingly, to spice up this issue of corruption, there a few who advocate and object any nexus among politicians, criminals, corruption and economy. Here are a few points to propound the fact that corruption is one of the many reasons of economic slowdown in India.

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    N.N.Vohra, the former Indian Union Home Secretary in 1993, categorically

    The report eloquently detailed the vested interests of a few politicians and selfish ends of criminals to loot the national exchequer.

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    N.N.Vohra, the former Indian Union Home Secretary in 1993, categorically

    The report eloquently detailed the vested interests of a few politicians and selfish ends of criminals to loot the national exchequer.

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    As per a genuine report by an esteemed criminal investigation agency, more than

    The recent strike of truck and lorry owners is a testimonial to this. As a consequence, the number of trucks crossing the borders in a day shall lead to the inefficient use of productivity and impacts the economy negatively.

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    As per a genuine report by an esteemed criminal investigation agency, more than

    The number has gone up by leaps and bounds. Corruption has become the art of defying and it is an avenue for politicians and criminals to flex their ugly muscles.

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    According to a report, to all intents and purposes, the travel time for a Delhi

    Schemes like MNREGA, NHM, etc. have never yielded proportionate gains, depriving the poor of the most basic necessities of life.

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    According to a report, to all intents and purposes, the travel time for a Delhi

    The recent strike of truck and lorry owners is a testimonial to this. As a consequence, the number of trucks crossing the borders in a day shall lead to the inefficient use of productivity and impacts the economy negatively.

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    As per the media reports, the populist and welfare schemes launched by

    As per the financial analysts and their financial acumen, this accounts for nearly 1.2-1.5 % of GDP. All this money is present as black money in Swiss bank. Thus, the issue of corruption is going for a toss and is taking a toll.

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    As per the media reports, the populist and welfare schemes launched by

    As a consequence, they hardly add any substance or any welfare. This hinders the economy of our nation.

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    Due to the rampant corruption manifest in government schemes and public works

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    Due to the rampant corruption manifest in government schemes and public works

    Schemes like MNREGA, NHM, etc. have never yielded proportionate gains, depriving the poor of the most basic necessities of life.

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    India is a rich country inhabited by poor people

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    India is a rich country inhabited by poor people

    Excessive regulations, intricate taxation systems, low GDP growth rate and high unemployment are only a few of the manifold consequences of corruption.

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    As per trustworthy reports, corrupt politicians and unrighteous bureaucrats

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    As per trustworthy reports, corrupt politicians and unrighteous bureaucrats

    As per the financial analysts and their financial acumen, this accounts for nearly 1.2-1.5 % of GDP. All this money is present as black money in Swiss bank. Thus, the issue of corruption is going for a toss and is taking a toll.

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    Scams

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    Scams

    Well, the list doesn’t end here.

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