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corruption is the root cause of indian economy slowdown

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corruption is the root cause of indian economy slowdown
Background
The topic has two parts – A. The rampant corruption in India and B. Its adverse impact on growth of economy. further with certain hot and specific view points to sharpen your penetration on this contemporary discussion.
Arguments for the topic
Lot of material is available supporting the topic in the form of newspapers, periodicals, books, electronic media etc. The aspirant is suggested to read the same, form systematic pattern to present the same instead of putting forward scattered presentation.
1. Transparency International in its study on index of corrupt countries in 2012 placed India at 94th rank out of 176 countries while Somalia tops the list. Corruption in all walks of life in India is making it weak and has adverse impact on its growth. As per an estimate 80% of the public servants in India are corrupt because of which the wheel of growth is being pulled down.
2. The Constitution of India describes the country as “Sovereign Socialist Democratic Republic” leading to socialist-inspired policies for an entire generation from the 1950s until the late 1980s. Extensive protectionism in Industry, license Raj had contemporary policies vulnerable to pervasive corruption and slow economic growth, Rajagopalachari"Chakravarthi Rajagopalachari always stated that the system of License Raj would remain at the core of corruption and would pull back the economic growth in the country.
3.How does the growth is adversely affected due to rampant corruption - the former Indian Union Home Secretary, N.N. Vohra, in October 1993, submitted a report on corruption in politics and its criminalization. Politicians have the nexus with criminals. This criminal network is running a parallel government and satisfying the selfish ends of vested interests. More than 100 Members of Parliament are facing charges of corruption or related criminal charges. Public money which has otherwise been utilized for the growth of economy and for welfare of the public was misused to

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