09-16-2006, 09:00 PM
<b>India ranked No. 47 in corruption index </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Singapore: China and India must move to curb corruption or else their booming economies will likely falter, a World Bank report has said.
The giant Asian neighbours are growing at annual rates of 10 per cent and eight per cent respectively, the fastest among the world's major economies, but both score poorly on controlling corruption, according to a World Bank study on quality of governance across countries.
The report used six indicators, including the ability to control corruption, to rank quality of governance in more than 200 countries. China was placed at 31, while India ranked 47 in the list of most corrupt countries. Both countries also have a poor record of enforcing the rule of law, the report said.
"They are not in the right zone," said Daniel Kaufmann, Director of global governance at the World Bank's research arm
..........<!--QuoteEnd--><!--QuoteEEnd-->
When all leaders are corrupt, whole UPA ministry is full of criminals, rapist etc.
I think World bank is sleeping. They are asking sky.
The giant Asian neighbours are growing at annual rates of 10 per cent and eight per cent respectively, the fastest among the world's major economies, but both score poorly on controlling corruption, according to a World Bank study on quality of governance across countries.
The report used six indicators, including the ability to control corruption, to rank quality of governance in more than 200 countries. China was placed at 31, while India ranked 47 in the list of most corrupt countries. Both countries also have a poor record of enforcing the rule of law, the report said.
"They are not in the right zone," said Daniel Kaufmann, Director of global governance at the World Bank's research arm
..........<!--QuoteEnd--><!--QuoteEEnd-->
When all leaders are corrupt, whole UPA ministry is full of criminals, rapist etc.
I think World bank is sleeping. They are asking sky.