India Is No.1 Bribe Payer....!!!!!
ANSH • onInformation 11 years ago • 1 min read

London/New Delhi: India doesn’t just have loads of corruption at home, it is also the world leader in exporting graft. Months after Transparency International ranked India as among the more corrupt societies in the world, the NGO’s Bribe Payer’s Index (BPI) 2006 shows that Indian exporters are more willing than their counterparts from other countries to pay overseas bribes to secure business, clinch contracts, do deals and generally get on in the world.

Of the 30 countries surveyed by the index, India was the worst—or most willing to give—followed by China and Russia. With Brazil also ranking pretty low as the eighth biggest bribe giver, the BRIC nations—the foursome comprising Brazil, Russia, India and China, predicted to become among the biggest economies in the world by 2050—emerge as being prepared to do whatever it takes to enhance their share of the global trade pie.

While this is the third BPI released by Transparency, after the ones in 1999 and 2002, it’s the first time India has featured in the index. It was considered too economically insignificant and lacking in global spread and reach in the earlier rounds.

India

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