2010 was dominated by one word in India – CORRUPTION. The size and frequency of corruption in 2010 made it the theme of the year. . A brief chronology of the scams that rocked India in 2010 shows how the nation continues to be looted. India has not yet got over the scandalous 2G spectrum deal which, to quote CAG, cost the country Rs 1, 76, 645 crore. Though the irregular spectrum scam took place in 2008, A Raja, who as the Union telecom minister resigned his post only in end of 2010 (that too when the Supreme Court given strong words on the Govt functions). The CAG report clearly highlighted how politics and big businesses are unite in a silent conspiracy to loot us.
In Transparency International’s Corruption Perceptions Index 2010, India ranks 87, even the countries like Rwanda, Bhutan and El Salvador are far better than us.
List of some scams that came to limelight in India so far – a fast rewind:
· 2G Scam – 2008 – Rs 176000 cr
· Telgi Scam – 1991 – Rs 43, 000 cr
· Satyam Scam – 2009 – Rs 24,000 cr
· Securities Scam – 1992 – Rs 4000 cr
· Madhu Koda Scam – 2009 – Rs 4000 cr
· Mutual Fund Scam – 2001 – Rs 1350 cr
· Bhansali Scam – 1995 – Rs 1200 cr
· Fodder Scam – 1996 – Rs 950 cr
· Hawala Scam – 1996 – Rs 810 cr
· CWG Scam – 2010 – Rs 665 cr
· Bofors Scam – 1987 – Rs 64 cr
· IPO Scam – 2006 – Rs 61 cr
· UTI Scam – 2000 – Rs 32 cr
· Aadarsh Scam – 2010 – Rs 24.61 cr
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