Business Daily from THE HINDU group of publications
Friday, Dec 24, 2010
ePaper | Mobile/PDA Version | Audio | Blogs
Clamp down on corruption
During 2010, a series of corruption cases have been reported almost from every sphere or sector of society. This has prompted a debate on how to tame this vicious social evil, which is damaging the basic fabric of society by promoting every sort of crime and immorality.
To control corruption, we need to put checks and balances in place, such as a strong and independent internal audit.
Corruption does not mean only financial misappropriation but includes all sorts of economic, social and criminal offences committed wilfully in exchange of some consideration.
Thus the biggest threat to any society in this century is corruption.
To curb frauds we need to implement the existing laws more stringently and quickly.
No doubt there is need for change in legislation to make the law on corruption more effective but disposal of corruption cases on fast track will send the message that the corrupt will be punished, something missing at present.
Dilip K Raina
Two things are making news these days: first, corruption, and second, rising onion prices.
Looks like all too soon people could demand a bribe of onion, instead of money.
Scams will be reported in kilos instead of crores. Onions could be paid as monthly EMIs and income tax and property tax deposited in kilo onions, and not rupees.
More Stories on : Letters
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2010, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line