14.10.11 MACCS
Corruption threatening India's future, say industry leaders

A group of senior Indian businessmen, judges and economists have warned that
corruption is strangling the country's prospects for growth, and called for
widespread reform to increase transparency.
The fourteen leading figures made their warnings in an open letter published in
local media. It follows an earlier 'call to action' which they made in January
and which focused on the 'governance deficit', corruption, the need to
distinguish between dissent and disruption, and environmental issues.
Although the previous letter sparked debate in Indian media, it failed to dent
India's rampant corruption. A widely-publicised campaign against graft by
veteran
civil society activist Anna Hazare has brought wider public attention to the issue, and it is in this context that
the 14 writers decided to publish their second letter.
The signatories include the founder of the software giant Wipro Azim Premji and former central bank governor Bimal Jalan. In the letter they support the need for a Lokpal Bill, given impetus by
Hazare's campaign, which would set up an independent ombudsman to investigate
corruption, but stress that this is only part of the solution intended to
address “episodic corruption”. They underline that ordinary Indians suffer most from corruption.
The signatories call for urgent land, judicial, electoral and police reforms to
overhaul India's “antiquated laws”, but insist that debate on such reforms must be conducted civilly so as to
avoid eroding public confidence. They also suggest that India should follow the
UK's example of a comprehensive Bribery Act which would break the nexus between
politicians and corporate interests in India.
Thirdly, the letter calls for better redressal mechanisms for victims of
corruption, citing the fact that in India there are just ten judges per million
people,
compared to 50 in the UK and 107 in the US – without a better ratio, India's
sclerotic judicial system will continue to be sluggish, making it even more
difficult to tackle corruption.
The signatories are realistic about the scale of the challenge, writing that
activity in India is “vitiated by corruption in almost every sphere”. Although the country's graft problem will not be solved through this letter,
it does continue to keep the subject in the public discourse and put pressure
on
the government of Prime Minister Manmohan Singh to take action.
Sources: BBC, AFP, The Hindu