Corruption

Corruption refers to a form of criminal activity or dishonesty. It refers to an evil act by an individual or a group. Most noteworthy, this act compromises the rights and privileges of others. Furthermore, Corruption primarily includes activities like bribery or embezzlement. However, corruption can take place in many ways. Most probably, people in positions of authority are susceptible to Corruption. Corruption certainly reflects greedy and selfish behavior.

Methods of Corruption

First of all, Bribery is the most common method of Corruption. Bribery involves the improper use of favours and gifts in exchange for personal gain. Furthermore, the types of favours are diverse. Above all, the favours include money, gifts, company shares, sexual favours, employment , entertainment, and political benefits. Also, personal gain can be – giving preferential treatment and overlooking crime. Embezzlement refers to the act of withholding assets for the purpose of theft. Furthermore, it takes place by one or more individuals who were entrusted with these assets. Above all, embezzlement is a type of financial  fraud. The graft is a global form of Corruption. Most noteworthy, it refers to the illegal use of a politician’s authority for personal gain. Furthermore, a popular way for the graft is misdirecting public funds for the benefit of politicians. Extortion is another major method of Corruption. It means to obtain property, money or services illegally. Above all, this obtainment takes place by coercing individuals or organizations. Hence, Extortion is quite similar to blackmail. Favouritism and nepotism is quite an old form of Corruption still in usage. This refers to a person favouring one’s own relatives and friends to jobs. This is certainly a very unfair practice. This is because many deserving candidates fail to get jobs. Abuse of discretion is another method of Corruption. Here, a person misuses one’s power and authority. An example can be a judge unjustly dismissing a criminal’s case.Finally, influence peddling is the last method here. This refers to illegally using one’s influence with the government or other authorized individuals. Furthermore, it takes place in order to obtain preferential treatment or favour.

Ways of Stopping Corruption

One important way of preventing Corruption is to give a better salary in a government job. Many government  employees receive pretty low salaries. Therefore, they resort to bribery to meet their expenses. So, government employees should receive higher salaries. Consequently, high salaries would reduce their motivation and resolve to engage in bribery. Increasing the number of workers can be another suitable way of curbing Corruption. In many government offices, the workload is very high. This provides an opportunity to slow down the work by government employees. Consequently, these employees then indulge in bribery in return for faster delivery of work. Hence, this opportunity to bribe can be removed by bringing in more employees in government offices. Tough laws are very important for stopping Corruption. Above all, strict punishments need to be meted out to guilty individuals. Furthermore, there should be an efficient and quick implementation of strict laws. Applying cameras in workplaces is an excellent way to prevent corruption. Above all, many individuals would refrain from indulging in Corruption due to fear of being caught. Furthermore, these individuals would have otherwise engaged in Corruption.

The government must make sure to keep inflation low. Due to the rise in prices, many people feel their incomes to be too low. Consequently, this increases Corruption among the masses. Businessmen raise prices to sell their stock of goods at higher prices. Furthermore, the politician supports them due to the benefits they receive.To sum it up, Corruption is a great evil of society. This evil should be quickly eliminated from society. Corruption is the poison that has penetrated the minds of many individuals these days. Hopefully, with consistent political and social efforts, we can get rid of Corruption.

Recalling DEMONETIZATION- some unknown facts.

After the incident of 2016, it’s pretty clear that demonetization(NOTBANDI) is an act of removing or replacing a currency. The demonetized currency is no longer accepted as legal in a particular country. 2016 was not the first time India faced demonization. The nation stripped currency in the year 1946 for the very first time.

How many people lost their lives?

 Forbes says about 100 people have died due to demonetization. The reason found as patients didn’t get treatment as they were not able to make payments, some even committed suicide facing problems in marriage. India is a country where people offer dowry, but demonetization played its pebbles, people were not able to tie knots, and even if they did, they faced difficulties. A municipal employee, who was to get his daughter tied the knot on December 8, bankers who have been resisting him cash of up to Rs. 2.5 lakh on the pretext that he was not following RBI protocols. “It is horrible that the banks are refusing to give me my hard-earned money for my daughter’s wedding. I am unable to pay my debts as well,” he said.

Mr. Prathap Reddy, a headmaster of a government school, said his daughter was planning to get wedded on December 22 and he has not been able to buy anything due to the cash reversal. “I am struggling to get evidence of advance payments made to various persons. If I spend the entire time at banks trying to get the required cash, when will I distribute the wedding cards and make other purchases?” he sobbed.

https://www.thehindu.com/news/national/telangana/Demonetisation-effect-Marriages-on-the-rocks/article16750555

There was no cash in the bank, where should they go to defend and express. Digital transactions cannot be implemented by a common man, so this option was knocked out. The point is demonstration was implemented just before the time of the wedding season and yes, in India people do not refuse dowry. In another city of Uttar Pradesh, the father of a bride was forced to mortgage jewelry he had prepared for his daughter to support a small pre-wedding ritual. Raju, a resident of Unnao, tried desperately to withdraw the money he had saved up for his daughter’s marriage but was repeatedly turned back by the bank. Raju, father of the bride says, “They kept asking me to come later. I didn’t know what to do. I had saved up enough money for my daughter’s wedding but it seems like a waste because I’ve not been able to withdraw anything. Finally, I had to mortgage her jewelry for the Tilak ceremony.https://www.dailyo.in/politics/demonetisation-Indian-weddings-hit-black-money-rs-500-rs-1000-note-ban/story/1/14242.html

Increase in digital payments.

Span of demonetization made me realize, in every crisis a middle-class man will suffer. I mean the line in front of the ATM was long but they were lacking bulky parties. People with heavy bank balances didn’t show up or suffered in the lines. However, the history of suspicious transactions led this decision to long term benefits. The government has totaled uncertain transactions in the range of Rs 1.6-1.7 lakh crore. Evidence summoned during demonetization led to the detection of nearly 300,000 questionable shell companies, out of which 210,000 have been deregistered. The income tax department has taken action against more than 1,150 shell companies. Countering terrorism was another major aim of demonization. The reports say it was successfully achieved. A positive impact of the demonstration was seen in terrorist affected districts and Naxal activities.