Saturday, 22 January 2011

Corruption as a driving Factor of Economy Vol. 1


Bloody Mary is a suitable synonym of corruption that has been haunting India since inception. British brought slavery mindset, they brought democracy, they brought administration, they brought English but worst of them all they rooted corruption when Bharat became India.  However one may argue was it not corruption when Zamindar flourished over peasants?  Since then corruption has been an inflammatory snake which has denied vehemently to be closed in a box. In fact dancing on tunes of the administrator this snake is making country dance on it tunes.

Lot has been said about the negatives of corruption but what i am going to focus on is how corruption has made India grow. No doubt i hate the sinister corruption as much as you do. No doubt corruption is a nemesis without which country will feel safer and better. No doubt corruption is a wicked sick that makes heroes a part of folklore. And no doubt corruption has rotten the system like anything. But a truth remains; we can’t live without the blood of Indian governance that uses viral corruption as a part and parcel of Organism India. Even we can’t dissemble ourselves from oncogenic corruption.  Let us face it, the evil corruption is as a life of ours as is our administration.

Being a sanguine patriot of this mighty nation whose core lies in basic nuisance of political drama i want to view utter absurdity of mind waggling sickness into new light. In the coming part i will try to evolve the corruption to something at least remotely well.

The first opportunity that a corruption gives is the “right of equal opportunity “. Don’t you that a policeman who keeps his life in line for paltry Rs 5000 has a basic right to educate his children and feed his family. Now corruption gives an opportunity for him to live. The desperation is so huge that you can be safe of many minor doings for a paltry Rs 20. But the beautiful part is that it leads to a wider distribution of money. When a thief steals the money held in hand of one people is distributed to 4 to 5 people. 1. Owner who is left with certain cash 2. Who retains certain cash 3.  Policemen. In total 4 to 5 families are benefitted. In economic terms it means more money in market, leading to more consumption and hence more production which in turn increases country GDP. So for a country like India where corruption is a 250,000 crores(0.25 trillion) industry one can safely guess the amount it has been contributing in GDP of india standing at 1.367 trillion. Even if propensity of consume in INDIA is low the contribution is very high.

No wonder 88th place in corruption INDIA will be fastest growing economy soon..

More to come. 

No comments:

Post a Comment