Corruption 'threatens India's economic growth'
Widespread corruption in India costs billions of dollars and threatens to derail the country's growth, a survey says. Earlier this month the head of the country's anti-corruption watchdog was forced to resign by the Supreme Court on the grounds that he himself faces corruption charges. Over the last six months India has been hit by a series of corruption scandals including a multi-billion dollar telecoms scandal, alleged financial malpractices in connection with the Commonwealth Games and allegations that houses for war widows were diverted to civil servants. 
"It is not about petty bribes (bakshish) any more, but scams to the tune of thousands of crores (billions of rupees) that highlight a political/industry nexus which, if not checked, could have a far reaching impact. Corruption scandals have weighed heavily on Mr Singh's shoulders "Corruption poses a risk to India's projected 9% GDP growth and may result in a volatile political and economic environment." Critics of the government say that recent scandals point to a pervasive culture of corruption in Mr Singh's administration - adding to the difficulties of a politician once seen as India's most honest.Prof. John Kurakar
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