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Corruption in India falls
By agencies
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Tuesday, 06 December 2005, 20:30 IST
HONG KONG: Corruption in India seems to have declined if the new report released yesterday is to be believed.
The report said multinationals said that though India still had high level of corruption but its government was making headway in fighting the problem, a survey by a Hong Kong-based think-tank, Political & Economic Risk Consultancy Ltd said.
The survey respondents were 96 executives of MNCs and banks with regional responsibilities for Asia. Among 12 Asian economies covered, managers cited corruption as worst in Indonesia, followed by Vietnam, then the Philippines and India.