Corruption Perception Index

  • The index ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and businesspeople.

2020 INDEX

  • The 2020 Corruption Perceptions Index (CPI) was released by Transparency International. 
  • It revealed that persistent corruption is undermining health care systems and contributing to democratic backsliding amid the COVID-19 pandemic.
  • Denmark ranked 1st and South Sudan was at the last position. 
  • India’s ranking for 2020 slipped from 80 to 86. 
  • India's score also decreased by a point from 41 in 2019 to 40 in 2020. 

Comments

Post a Comment

Popular posts from this blog

Hamas V. PLO

The irony in the ongoing conflict is that Hamas, whose founding members were encouraged by Israel in the 1970s and 80s against Yasser Arafat’s secular national movement, has turned out to be Israel’s biggest rival in the Palestinian territories. HAMAS Hamas was established after the first intifada broke out in 1987, as an offshoot of the Egyptian Muslim Brotherhood.  Intifada was the Palestinian uprising against Israeli occupation of the West Bank and Gaza Strip.  The first intifada lasted from 1987 to 1993, and the second began in 2000. As strife between Israel and Palestine continued to soar as the latter resorted to the First Intifada, or uprising, in December 1987, Hamas as an organisation led by Sunni-Islamic fundamentalists, began to take shape.  Hamas could gain immediate and immense popularity within the protesting Palestinians because it was ...
Read more

G7 global corporate Tax Deal

Image
The Group of Seven (G7) countries have backed the proposal to impose a common global corporate tax. It would be aimed at preventing multinational businesses from evading taxes and also squeeze the havens which attract tax evaders due to the low-rate jurisdictions.  The consensus to adopt a common tax rate was reached at the G7 finance ministers' meeting held in Buckingham (London) on June 5.  THE PROPOSAL The tax proposal endorsed by the US, the UK, France and other G7 countries has two parts.  The main part of the proposal states that countries around the world should tax their home companies' overseas profits at a rate of at least 15%.  The companies have multiple branches spread across various jurisdictions, they transfer the bulk of their profit in accounts set up in countries that offer the lowest tax rate.  Often, these tax havens are the Caribbean Islands such as Bahamas or British Virgin Islands, or at times, countries like Ireland where the corp...
Read more

SIPRI report on arms import and export

According to a recent report by Stockholm International Peace Research Institute (SIPRI) India’s arms imports came down by a third (about 33%) between 2011-2015 and 2016-2020. IMPORTS India remains the second highest importer, behind Saudi Arabia. Russia is the largest arms supplier to India in both periods (2011-2015 and 2016-2020).  However, Russia’s share of Indian arms imports fell from 70% to 49%. India’s arms imports from France increased by 709%. EXPORTS The top five global arms exporters were the US, Russia, France, Germany and China in 2016-2020. India accounted for 0.2% of the share of global arms exports during 2016-20, making the country the world’s 24th largest exporter of major arms. This represents an increase of more than 200% over India’s export share (0.1%) during the previous five-year period of 2011-15. Myanmar, Sri Lanka and Mauritius were the top recipients of Indian military hardware. SIPRI Formation: 6 May 1966. Headquarters: Solna, Stockholm, Sweden. Chai...
Read more