R Raghuram Murthy, K Damodara Reddy
2015 International Journal of Management and Social Science Research Review   unpublished
Although India is the largest democracy in the world, it continues to struggle on a daily basis to fight corruption in politics at both the national and local levels. In a nation with such a rich diversity of languages, cultures, and traditions, nothing is more important to reconciling all the differences than the right to vote. However, the democratically elected government seemingly does nothing to bridge the enormous gap between the rich and the poor and to make the lives of the 300 million
more » ... eople living below the poverty line any better. While India has more people living in poverty than any other nation, finding a solution to these basic issues of human rights has recently taken a backseat to nuclear weapons testing and other extravagant nationalist issues on the Indian political agenda. Furthermore, the instability and corruption of the government since India won its independence in 1947 has discouraged the long-term investments that are needed to drive economic growth. Beyond the basic legal violations and high transaction costs, corruption undermines a healthy free-market system by eliminating protection of private property rights, deterring potential investors, and driving entrepreneurial energy towards redistributive activities. Solutions include reducing opportunities for rent-seeking through deregulation, simplifying procedures to reduce the discretion of civil servants, and increasing the pay of civil servants in conjunction with actively sanctioning corruption, but political will remains the most important prerequisite for an effective anti-corruption strategy. Corruption is a cause of serious concern for the people of India. Since, it is adversely affecting all aspects of their life-social, spiritual, political, economic, educational, and moral. It is spreading like tumour in all systems and administrations. .