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Review Journal of Philosophy & Social Science Voll. 41, 2016 Special Issue ISSN (e): 2454-3403 ISSN: (P) 0258 - 1701 (e) 2454 – 3403 ICRJIFR Impact Factor 3.9819 REVIEW JOURNAL PHILOSOPHY & SOCIAL SCIENCE A Refereed International Journal Vol. – 41 Special Issues 2016 Editor Dr. Krishna K. Verma School of Commerce, H.N.B. Garhwal University Campus Badshahi Thoul, Tehri Garhwal, Uttarakhand Published By: JOURNAL ANU BOOKS New Delhi Meerut Email: [email protected], [email protected] www.anubooks.com Ph:01212657362, 9997847837 1 Review Journal of Philosophy & Social Science Voll. 41, 2016 Special Issue ISSN (e): 2454-3403 Prevention of Correction in India: Challenges Ahead About the Author Dr. Krishna K Verma has been teaching and doing research in the senior position in the Faculty of Commerce and Management Studies, BadshahiThoul Campus, Tehri, of H.N.B.Garhwal Central University, Srinagar – Garhwal Himalya Uttarakhand for more than last seventeen years. His area of specialization is management, accounting and finance. Many students have got their Ph.D. degrees under his supervision and some others are doing research under his supervision at present. He has contributed more than five dozen research papers and articles in national and international research journals as Southern Economist, Prabandh, Journal of Management Science, AIM Explore, University News, Review of Professional Management, Teacher Today, Optimization, Yojna, Vedaang etc. He has also presented more than fifty papers in the national and international seminar and conferences. He has also authored several books on Accounting, and Finance which are published from national and international publishers as Management Accounting, Corporate Accounting, Financial Management, Accounting Theory etc. Earlier he has also edited a book on the Management Perspectives in the New Millennium. He is also the winner of the international Award of Merit for his best research paper in Saurastra University, Rajkot Gujrat in 2004.He also organized two National Conference in the Department of Commerce. 2 Review Journal of Philosophy & Social Science Voll. 41, 2016 Special Issue ISSN (e): 2454-3403 Prologue The inception of corruption started with our opportunistic leaders who have done greater damage to our nation. People who work on right principles are unrecognized and considered to be foolish. Corruption in India is a result of the connection between bureaucrats, politicians, businessmen and criminals. Earlier, bribes were paid for getting wrong things done, but now bribe is paid for getting right things done at right time. Corporate sector corruption like less weighing of products, adulteration in edible items, charging high profit margin and bribery of various kinds have incessantly prevailed in the society. Tax evasion is one of the most popular forms of corruption. In municipalities and Nagar Nigams, in the assessment of property tax the officers charge money even if the house is built properly as per Government rules and regulations. Political corruption is the worst in India. The major cause of concern is that corruption is weakening the political body and damaging the supreme importance of the law governing the society. Democracy, state security, rule of law, sovereignty and integrity, basic human rights etc are under the attack of corruption. Today, corruption is not the problem of India but it has become a global threat with global effects; it has become challenge to the whole community of civilized nations. Fighting corruption has emerged as a key development issue in India in recent years. It is said that if corruption levels in India were reduced to levels in developed economies such as Singapore or the United Kingdom, India's GDP growth rate could increase at a higher rate annually. As a result there were no unemployment problem, no poverty and would be more development. Now the time has come that demon like corruption must be killed from the country. Keeping this in mind a little endeavor is being made in this direction to get the solution for the problem of corruption by editing a book. For the purpose, the research papers were called from the different corners of the country. I hole this collection of papers will be useful for the academicians, researchers and policy makers in eliminating the corruption from the country. This book includes the following sub-themes: 1. Impact of Corruption on Economy 2. Corporate Ethics & Corruption 3. Avoidance of double tax agreements and corruption 4. Anti-Corruption Movements & measures 5. Various Kinds of Corruptions and their prevention 6. Role of NGOs/Societies in sensitisation and controlling corruption 7. International Cooperation to tackle Corruption 8. Any other issue relating to the theme 3 Review Journal of Philosophy & Social Science Voll. 41, 2016 Special Issue ISSN (e): 2454-3403 S. No. Title with Author‟s Name 1 Anti-Corruption Movements & Measures In India- Dr. S.K.S. Yadav 5 2 ‗Corruption‘ Its Sources and Solutions - Dhrmendrasinh G. Rana 20 3 Prevention of Corruption in India: Challenges Ahead—Dr. Krishna K Verma 25 Legal and Institutional Framework to Tackle Corruption in Public Sector- 4 Needs and Challenges--Preeti Rawat 30 Perceptions towards Corruption‖: A Study Of Stakeholders Of Higher 5 Education Institutions--Akhilesh Chandra Pandey, Mohit Jamwal, Vishal 42 Soodan Corruption And Developmet--Pramod Kumar Rajput,Anshu Singh and 6 Bhasker Mishra 52 7 Impact of Corruption on Human life in India….Dr. Preeti Rani 55 Analysis of the Relationship Between corruption and Technology--Rahul 8 Kumar Pandey 64 Impact of Corruption on Indian Economy--Jafreen Haque & Md Gulam 9 Ashraf 74 10 Crime and punishment, the trap to catch the corrupt--R. Ajitha 80 Value Based Higher Education as a Tool to Arrest Corruption--Rajib 11 Chakravorty 85 12 Food Adulteration and Consumer Awareness--Dr. Monika Aswal 90 13 Prevention of Corruption Via CSR: An Ethical Issue-- Dr.Jyoti Khare 95 Role of Forensic Accounting in Detecting Financial Frauds in Corporate 14 world--Dr Pradeep Mamgain 103 A Study on Corruption in India: Its Types and Prevention--Himanshu 15 Sharma & Dr. A.B.Thapliyal 108 -- 16 Hkz’Vkpkj& leL;k ,ao ,ao fuokj.k 114 lekt esa c<+rk Hkz’Vkpkj&fujkdj.k ds mik; ,d lekt”kkL=h; v/;;u 17 117 18 119 mŸkjk[k.M esa dsUnz iksf"kr ;kstuk % e/;kà Hkkstu ;kstuk esa Hkz"Vkpkj dh leL;k ¼tuin 19 123 ikSM+h ,oa gfj}kj ds fo”ks’k lUnHkZ esa½ . ---- 20 Hkz’Vkpkj % ns”k ds fodkl esa ck/kd 128 Hkkjr esa Hkz"Vkpkj % mHkjrk ifjn`'; ,oa ç'u-- 21 131 22 Hkz’Vkpkj% dkj.k ,oa fuokj.k& ,d euksoSKkfud fo”ys’k.k... 136 4 Review Journal of Philosophy & Social Science Voll. 41, 2016 Special Issue ISSN (e): 2454-3403 Anti- Corruption Movements & Measuresin India 1 Dr. S. K. S. Yadav Abstract Corruption is a double jeopardy for the poor, who are hardest hit by economic decline, are most reliant on the provision of public services and are least capable of paying the extra costs associated with bribery, fraud and the misappropriation of economic privileges.This paper provides a study of the current status of corruption in the country, various forms of bribery faced and efforts made by them toward the compliance program. It also talks about the impact of corruption on the economy, sector-wise corruption and how poor enforcement of existing laws has led to corruption. What is interesting to know in the paper are the different ways through which manipulations are done for their short term gains. Keywords: Bribery, bureaucracy, public officials, bureaucracy, lack of penalties for corruption of public officials, Introduction: Corruption can be defined as Wrongdoing on the part of an or through that are illegitimate, immoral or incompatible with. Corruption often from backup and is with. It can result in the diversion of public resources to private consumption and thus in the overall loss of the impacts that were intended to be of wider benefit. Thus it results in social inequality and widened gap between the rich and poor. “An uncorrupted individual in a corrupted system will finally end up being corrupted himself except and unless he is constantly fighting against the corruption.” – Jhurry Muhummad Anas Given the state of India‘s economic development, good governance is absolutely critical to give us a competitive edge and sustain growth. It is becoming increasingly evident that it is impossible to separate good governance and sustainable development. Public opinion suggests that high levels of corruption are associated with lower levels of investment. Corruption invariably increases transaction costs and uncertainty in an economy by lowering efficiency, by forcing entrepreneurs to divert their scarce time and money to bribery rather than production. It inhibits the development of a healthy marketplace and imbalances economic and social development by distorting the rule of law and weakening the institutional foundation on which economic growth depends. Corruption is a double jeopardy for the poor, who are hardest hit by economic decline, are most reliant on the provision of public services and are least capable of paying the extra costs associated with bribery, fraud and the misappropriation of economic privileges. Very heavy amount corruption scams held in India: 2G Spectrum Scam of Rs 1658 crore. Commonwealth Games Scam of Rs.70000 crore. Telgi Scamo of Rs.20000 Crore Satyam Scam of Rs. 14000crore Bofors Scam Rs 4000 The Fodder Scam of Rs 950 crore Asso. Prof.,Deptt. of Commerce & Business Administration, Meerut College, Meerut 5 Review Journal of Philosophy & Social Science Voll. 41, 2016 Special Issue ISSN (e): 2454-3403 The Hawala Scandal of US$18 million IPL Scam Rs 4,000 crore Harshad Mehta & Ketan Parekh Stock Market Scam Today, India is one of the most sought-after investment destinations. Several reports place India among the top three countries globally in terms of an attractive investment destination ranked by global corporations.