Corporate Corruption
Major chunk of Indian economy is in the pocket of corporate houses who are never satisfied with their earning. They resort to corrupt practices usurping public money. How net profit of an organisation remain at Rs 30 crores even at a turnover of Rs. 1100 Crore for years together, whereas other organisation earns net profit of Rs.90 Crore at a turnover of Rs.500 crore with same product & process line? How net profit suddenly jumps at Rs.90 Crore without any change in Turnover given the expansion project and when public money is required? Such activities permit officials down the level for open corrupt practices in the system and the owner is blackmailed. He fails to initiate any action against such corrupt official (WTD) of a giant corporate even if he wishes to. If Transparency Intl India thinks of initiating any action, names can be revealed on demand. Contact trivedi.k.manoj@gmail.com more
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