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The
Confederation of Indian Industry's Integrity India Campaign
has thrown up possible solutions to stamp out corruption,
reports CNBC-TV18.
The
big names of the Indian industry are pushing for a less
corrupt India.
They're
part of the 'integrity India campaign' by the Confederation
of Indian Industry. It has also drawn the youth into
the fight. And with good reason.
The
Transparency Bribe Payer's Index 2006 ranks India as
the most corrupt nation in the world. India is also
the most corrupt exporter, with more than 54 per cent
companies engaging in economic crime. Perpetrators are
educated; aged between 31 and 50 years.
But
all is not lost. Infosys chief Narayan Murthy believes
it's up to the youth to take the initiative.
Murthy
said, "Remember that everything is possible. Don't
ever say that we will succeed in spite of this society
being what it is. You all are an important part of the
society - you have to transform the society. That is
your responsibility."
A
few solutions were offered to stamp out corruption:
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Extend
the Right to Information Act to private sector
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Audit
financials of political parties
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Introduce
technology into judicial procedure
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Citizens
must report economic crime
Ashok
Leyland managing director, R Seshasayee, who is also
president of CII said, "We need to be clear that
we cannot shy away from facing the situation that corruption
is eroding our values, its certainly eroding our economic
growth. The faster we come to terms with the situation
and the more focus we put on it, I'm sure things will
start improving."
With
several scams being reported these days, industry is
trying to
clean the system. CII's 'integrity India campaign' served
as a forum for polity, academia and industry to brainstorm
on how to deal with the problem.
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