Discussion on econmic , ethical and Legal dimensions of corruption
11/30/2016| Views(126 ) | Writing Structure |Qchat
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Corruption leads to tax evasion and avoidance which dislodge fiscal deficit from its targets. This hurts the welfare centric approach of government. Corruption also affects GDP growth, employment opportunities and foreign investments.
With materialistic values as topmost priority, moral and ethical values at the lowest span of ladder, every fibre of society indulged in-self aggrandizement, where not only credibility of politicians and bureaucrats but also of the judiciary is at stake, it is ridiculous to dream of a corruption-free society.
Corruption is regarded as a low risk and highly profitable way of making a quick buck and whoever is caught, often knows how to go scot-free. The country which is known for moral and ethical values, where truism is adored, fair means were advocated to achieve anything, has now accounted among the most thirty nations of the world.
A peculiar face of corruption on our Country is that it goes upstream not downstream. So most of the fundamental policies and decisions about big purchases, contracts, projects, etc are distorted at the top level. The delay in disposing of the cases of corruption is one of the most important causes of flourishing of corruption. Corrupt officials even if caught can manage to go scot-free in due course of time by manipulations or otherwise.
The youth of the society has a very important role in fighting the gigantic wild animal of corruption. General awakening can make the politicians and bureaucrats use their discretion carefully. The common men must cast their vote on the basis of values and character of the candidates. To eradicate corruption from the society, all have to fight it. It is the most powerful and the most dangerous monstrous evil, which rises to manifold itself stronger with the passage of time
Nature of politics is mainly responsible force for the corruption. Political corruption is the abuse of public power, office, or resources by elected government officials for personal gain, by extortion, soliciting or offering bribes.
There is a need to reform current anti-corruption laws along with strengthening ethical standards and focussing on economic growth of the country.