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Why Scams are Here to Stay

Why Scams are Here to Stay

$28.00
Author:N Ram
ISBN 13:9789384067311
Year:2017
Subject:Economics

About the Book

Corruption in India today is pervasive, omnipresent, and diverse, covering every branch of the Indian state and key sectors of the economy. Far from declining and fading away, as predicted, with deregulation and liberalization, it has increased exponentially in the twenty-first century at all levels—central, state, and local. It can be seen today as a normal, not a pathological, condition within the political economy. In several states, corruption involving politicians, bureaucrats, businessmen, and in some cases, criminal elements has graduated to a new qualitative stage, transforming itself into a well-oiled, rule- and rate-bound and self-propelled system of collecting and sharing the illicit spoils of office. In this seminal book, N. Ram, who led the investigation into the Bofors grand corruption scandal, attempts to get a measure of ‘political corruption’ in contemporary India, and explains why it has become an intractable problem.