Corruption had increased two-threefold since the advent of Liberalization of
economy in 1991 In many countries. Though already entrenched in the system of most of the countries, these economic reforms had given easy access to it without any encumbrance. Indubitably it has also escalated crony capitalism in Developing and underdeveloped nations relegating honesty and prudence on the back-burner depriving masses of their common rights. With a headlong plunge to make profits, capitalists are adopting all kinds of methods to assuage their slake for rapaciousness. Politicians are also not laid back in extending service to these corporates in the name of growth and development of country by subduing common man what can explicitly be called as corporatism witnessed in fascistic Italy under the regime of Benito Mussolini.. Government officials who have already perched in hierarchy are taking undue advantage of this due to which upright officers in middle and lower cadre(i.e. from clerks to section officers) are also getting subverted without any reluctance and are becoming kowtow to their seniors with the mandate of escalating their status in the society .Permit license raj which was advocated in developing nations from 1950-1980s might have straitjacketed private sectors by severe restrictions and conditions vitiating the efficiency of manpower but its absolute dismantling had led to shambles in economy. Most of the political leaders who vaunt of rising standards in these nations due to liberalization have actually diluted real issues with regard to socio-economic conditions of masses .Poor masses are thriving in poignant conditions due to lack of proper nutrition, shelter and clothing and their children are also hurled into the same conditions . State is only concentrating and investing on higher and elite educational institutions where the benefits of prosperity accrue only to certain sections of the society and the children of poor masses who are pursuing an elementary education in government schools have no access to better facilities either in terms of education or infrastructure. Profits accrued through EXIM policy(export-import) had benefitted only upper sections of the society mainly politicians and corporates .Corruption had also abnegated young and honest officers from their duties and responsibilities towards country and people due to the peer pressure from their seniors and also had drilled a deep hole into the pockets of common masses especially middle and lower class reducing them to mendicus. Even today many public servants unwillingly acquiesce to bribe from the people who heed for help due to personal problems or arm-twisting by politicians. A Responsible and duty oriented citizens should come forward and vociferously remonstrate against such kind of activities and raise these issues in the judiciary either through PIL or Locus strandi. If any person is found guilty of such kind of activities during the performance of his official duties ,then he should be impleaded under the law pertaining to corruption without any act of omission and commission. Top-down Approach should be followed to trace out any such kind of loopholes within the system. In a country like India many laws against corruption had come into existence like Lokpal and Lokayukta ,Right to information act ,prevention of corruption act ,central vigilance act etc. but still Corruption in nations after Economic Reforms of 1991
their stringent enforcement is required to make them palpable. These laws
could only be expected as panacea to root out such kind of evils from the society. People should be made aware of such laws either through print or electronic media irrespective of class or creed and every section of the society should be given an opportunity to raise their voice without being bullied by affluent people. Though corruption seems to be inextricable to capitalism when viewed from the point of pragmatism but still a transition could be achieved by a dint of persistent efforts and strict enforcement of laws for any class without fear or favour or affection or ill-will. There should also be tighter regulation in export- import of commodities with enactment of trading laws by the state and any discrepancy if found should be immediately brought before the judiciary without any tardiness .Last but not least Rampant corruption in any country could abase its image leading to disproportionate assets and plummeting in an economy.
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