Increasing Corruption and its Impacts

Corruption affects us all

 

    Bhakta Singh Thakuri    /   Student of SPA

Corruption affects us all. It threatens sustainable economic development, ethical values and justice; it destabilizes our society and endangers the rule of law. It undermines the institution and values of our democracy. But because public policies and public resource are largely beneficial ton poor people, it is they suffer the harmful effects of corruption most grievously.

Corruption has not only become a ubiquitous aspects of Nepalese politics, but also becomes an increasingly important factor in Nepalese election.

The important role of Nepalese state as well as locals level in providing Services and promoting economic development has always the created the opportunity to use public resources for private purposes. Political Corruption is the use of power by government officials for illegitimate private gain. Public money is for government  services and projects. Taxes collected, bonds, issued, income from government investment and others means of financing government expenditure are meant for social grants, education, hospitals, roads, supply of power and water and ensure the personal security of our citizens.

When we look into the Corruption Index 2018 reported by Transparency International. Nepal is in the 124 rank least corrupt nation out of 175 countries. According to 2018, corruption rank of Nepal averaged is 127.40 from 2004 untill 2018, reaching an all time high of 154 in 2011 and a record low of 90 in 2004.

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