How do you tackle corruption? To that age-old question, Rahul Bajaj, the Indian billionaire businessman, has some unconventional answers: “Stop prosecuting givers of small bribes, ban criminals from standing for election, and use the e-ID to transfer benefits directly from the government to the receiver.”
Bajaj was addressing a meeting at the World Economic Forum on how to achieve EM growth in a global slowdown. Corruption was the biggest issue singled out – and the Indian subcontinent figured large.
Indicative of the problem was a private aside from an executive at a large European car manufacturer. “We’d be interested in becoming active in Pakistan,” the executive, who preferred to stay anonymous, told beyondbrics. “But there’s no way we’ll do it. Corruption is too widespread.”
Davos 2013: tackling corruption the unconventional way | beyondbrics
No comments:
Post a Comment