with officials‚ and the risk of breached agreements or detection. TOP SCAMS OF INDIA • 2G Scam We have had a number of scams in India; but none bigger than the scam involving the process of allocating unified access service licenses. At the heart of this Rs.1.76-lakh crore worth of scam is the former Telecom minister A Raja – who according to the CAG‚ has
Premium Political corruption
SCAMS IN INDIA: SCAMS IN INDIA SINCE INDEPENDANCE SCAM: SCAM Definition: We can define it as obtaining money by means of deception including fake personalities‚ fake photos‚ fake template letters‚ non-existent addresses and phone numbers‚ forged documents . Jeep purchase (1948): Jeep purchase (1948) The history of corruption in post-Independence India starts with the Jeep scandal in 1948. VK Krishna Menon ‚ the then High Commissioner for India in London signed a deal with a foreign firm
Premium Bihar Rajiv Gandhi Stock market
bhopal- 462022 G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses‚ which they would then use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated to be collected is estimated to be INR1766.45 billion (US$27 billion)‚ as valued by the Comptroller and Auditor General of India based on 3G and BWA spectrum auction prices in 2010
Premium Supreme Court of the United States Supreme court
The Telangana Rebellion was a peasant revolt which was later supported by the Communists. It took place in the former princely state of Hyderabad between 1946 and 1951. This was led by the Communist Party of India.[5] The revolt began in the Nalgonda district and quickly spread to the Warangal and Bidar districts. Peasant farmers and labourers revolted against the local feudal landlords (jagirdars and deshmukhs) and later against the Osman Ali Khan‚ Asif Jah VII. The initial aims were to do away
Premium 2010 Commonwealth Games India Andhra Pradesh
(3)Anushka Debnath (14)Aayush Mehta (25)Manan Parekh (36)Urvashi Baldia (47)Sejal Chhajed (59) | CONTENTS 1. What are economic offences? 2. Types of offences‚ legislation‚ enforcement authorities 3. A few scams * Telgi Scam * 2G Scam * Demat Scam * Harshad Mehta Scam 4. Acknowledgements 5. Bibliography WHAT ARE ECONOMIC OFFENCES? Economic offences form a separate category of crimes under Criminal offences. These are often confused with White/Blue Collar crimes. Generally
Premium Stock market Central bank Stock exchange
In The Great Gatsby‚ Fitzgerald creates a divide amongst the characters by separating them into different layers of society in terms of wealth. New Money is the category in which characters have previously been poor but have gradually earned vast amounts of money; old money is the situation of some characters that have always been rich through generations. Some money and no money are clear; certain characters simply have either some money or no money. Jay Gatsby falls under the category of New
Premium Working class F. Scott Fitzgerald Wealth
Corruption “The Evil Phoenix” Subramanian Alias Vijay Pillay Stevens Institute of Technology Corruption “The Evil Phoenix” Corruption‚ a never heard fairy tale for some and a day to day life for others. It is a severe epidemic disease tough to cure. But the victims here are not just some people. It affects the entire world. Corruption is the biggest manifestation of greed and killer of the economic growth which has exponential systemic effects. It has been prevalent in the history and is expected
Free Bribery Political corruption Foreign Corrupt Practices Act
Top 10 Corruption Scams in India [pic] Project by- Sanya Makan [pic] You can fool some of the people all of the time‚ and all of the people some of the time‚ but you cannot fool all of the people all of the time - Abraham Lincoln. “I will not let anyone walk through my mind with their dirty feet.”
Premium Bihar Government of India
Governance 2G Spectrum Scam We have had a number of scams in India; but none bigger than the scam involving the process of allocating unified access service licenses. • It is Rs.1.76-lakh crore worth of scam. The amount is approximately 2% of national GDP or 1/3 of current tax revenue of India. It is also equals to annual income of telecom service sector. • The former Telecom minister A Raja who according to the CAG‚ has evaded norms at every level as he carried out the dubious 2G license
Premium Fraud Money Business ethics
Auction: Only way of allocating natural resources to private firms? “Is Auction the right way of allocating natural resources?” Time and again this question has come into limelight. Many scams still make us debate on this. Whether it is the 2G spectrum allocation scam or allotment of oil or Coalgate scam? Before getting into this debate lets first try to understand the rationality behind the allocation of natural resources - as on why do we need to allocate natural resources? Government carry
Premium Auction Natural resource