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« Public-private-partnership: no panacea | Main | Oil and refugees combust in Chad »

April 15, 2006

How does corrupt India grow fast?

(The Times of India Via Thomson Dialog NewsEdge) - The World Bank has suspended $800 million worth of loans to India's health sector after detecting corruption in procurement. Fair enough: corruption should be checked.

Yet, if corruption is really a no-no, the Bank should stop almost all lending to India, so widespread is corruption here. The Bank may have just discovered corruption, but it is no news at all to the public.

Transparency International ranks India low down in 88th position in its Corruption Perception Index. This is on par...

Full Story...

Posted by rjorr at April 15, 2006 5:52 PM