Cause of black money: 325 Black money is cash received from underground economic activity or black market on which tax is not been paid to the government. Black money in economic terms is regarded as unaccounted money or unrecorded gains. Rationing system: Black economy originated in India during World War II when India was facing acute shortage of daily necessities. This was the time government adopted rationing as a remedy measure to resolve the demand supply mismatch. By rationing government introduced
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There is a growing worldwide concern over corruption at the present time. Several factors are responsible for this. A consensus has now been reached that corruption is universal. It exists in all countries‚ both developed and developing‚ in the public and private sectors‚ as well as in non-profit and charitable organizations. Allegations and charges of corruption now play a more central role in politics than at any other time. Governments have fallen‚ careers of world renowned public figures ruined
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CORRUPTION… Corruption is notoriously difficult to measure. It’s not just because it is an illicit activity. In part it’s because the concept itself is undefined and relative. “the abuse of entrusted power for private gain.” Corruption is damaging because it gives an undue advantage: Corruption in India is a major issue and adversely affects its economyIn 2011 India was ranked 95th out of 178 countries in Transparency International’s Corruption Perceptions Index. Some of the largest sources of
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Corruption Is the Root Cause of Economic Slowdown in India Corruption is omnipresent. From micro-institutions to macro-institution‚ from local to government institutes each operated and continued to exist and flourish with its own set of corruption activities. What should be noted here is that corruption is going to exist as long as planet earth does. There is plausible end to the institution of corruption‚ which though illegal is unconsciously legal‚ especially in developing countries
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ULMS 724 FOOTBALL & FINANCE To what extent is corruption a serious threat to the football business? Student ID No’s:: 200772857 Module Leader: Rory Miller Analysing Threat by Corruption to Business of Football INTRODUCTION Corruption in sports has been present since historic times. The first documented case of corruption in international sports is attributed to the athlete Eupolos of Thessalia who successfully bribed three of his competitors in the fist combat tournament at the Olympic
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In Plato’s Apology‚ we are faced with the narration of the speech Socrates makes at the trial in which he is being accused of corrupting the youth of Athens for his lack of not recognizing the gods. Early on in the text‚ on page seven we are presented with the accusations to which Socrates is being accused of; “What do they say? Something of this sort: - That Socrates is a doer of evil‚ and corruptor of the youth‚ and he doesn’t not believe in the gods of the state‚ and has other new divinities
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home country Brazil. Route planning and route map Match against Brazil This match will be on the 25th of June 2010 Moses Mabhida stadium in Durban The newly-built Moses Machida Stadium in Durban will host one of the semi-finals of the 2010 FIFA World Cup™. The ground epitomizes the architectural innovation on display in South Africa and takes its design inspiration from the South African flag‚ with its grand arch representing the unity of this sport-loving nation. The two legs of the arch
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here: Home>Collections>Common Man RELATED KEYWORDS: * Common Man * * * * * Five steps to combat corruption TNN‚ Apr 12‚ 2003‚ 11.06pm IST How can the common man combat corruption in government offices? 1. Common man needs to reform: The common man is himself immoral‚ unjust and corrupt and wants shortcuts to everything. He wants things done out of turn and breeds corruption. Sadly‚ some sections of society end up bearing the brunt of this menace. Ads by Google * SEC Whistleblower
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Introduction Corruption in India is perhaps the greatest enemy India is facing. According to a research India has been drained of nearly $462 billion between 1948 and 2008‚ which is nearly 40% of India’s gross domestic production. The Commonwealth Games and the Adarsh society scam are all various examples of the widespread corruption in India at all levels of government: from the Panchayati Raj to the Central Government‚ although preventive measures have been taken against corruption. One of the major
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------------------------------------------------- Corruption in India- Causes‚ Impact and the Fight Against Corruption Despite the cohabitation of corruption and exceptional economic growth in India‚ researchers argue that that there is potential for further growth that is held back by the institutions of administration and linked corruption (Heston & Kumar‚ 2008). The roots of corruption can be traced back to various systems set up by the British (Quah‚ 2008). In this paper‚ transactional corruption is discussed‚
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