MS SLONSKAYA Bachelor of MGIMO (U) of the Russian Ministry of Foreign Affairs Key words: India, corruption, colonial and postcolonial periods, national traditions, officialdom, anti-corruption legislation Simple proclamations that everyone around us is corrupt create an atmosphere of corruption. People feel that there is corruption around them, and they start doing the same. Jawaharlal Nehru 1 Today, India is not just the largest democracy in the world, with more than 1.2 billion people living in it, according to the World Bank. person 2. India is a powerful economic center, demonstrating high annual GDP growth rates in the 2000s, significantly exceeding the corresponding indicator of developed countries and world growth rates (see Table). However, economic growth has recently slowed down and, according to the IMF's forecasts, amounted to only 5.4% of GDP in 2014 (in 2015, it is likely to exceed 6%), 3 which, according to some estimates, is not enough for a rapidly developing state. The main competitor of India for leadership in the Asian region, and in the future, in the world as a whole - China - has long maintained the growth rate of the national economy in the region of 8-9% of GDP, and in some years they exceeded 10% (in 2007 it reached the highest rate - 14.2%). In other words, China has a significant advantage over its neighbor, thanks to which industrial production is growing faster there, the inflow of investment into the economy is increasing, the standard of living of the population is improving, etc. Negative trends in the Indian economy are the result of various factors, including both internal ones, such as inefficient regulation of many sectors of the national economy, and external ones - the general slowdown in the global economy, falling prices for exported goods, insufficient inflow of foreign investment, etc. But the truly catastrophic phenomenon that covers all spheres of economic life is corruption, which has recently become more and more widesp ... Read more

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India Online
Delhi, India
23.11.2023 (236 days ago)
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