Corruption, as it is defined by the World Bank, is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted with a position of authority, in order to acquire illicit benefits or abuse power for one's private gain.
Answer:
Corruption in India is an issue which affects the economy of central, state and local government agencies in many ways. Corruption is blamed for stunting the economy of India.[1] A study conducted by Transparency International in 2005 recorded that more than 62% of Indians had at some point or another paid a bribe to a public official to get a job done.[2][3] In 2008, another report showed that about 50% of Indians had first hand experience of paying bribes or using contacts to get services performed by public offices, however, in 2020 their Corruption Perceptions Index ranked the country 86th place out of 180, reflecting steady decline in perception of corruption among people. [4][5]
