http://globalmarathi.com/20120113/4638154283908560842.htm
Indian bureaucrats have 'terrific powers', rated worst in Asia
Indian bureaucrats have 'terrific powers', rated worst in Asia
Indian bureaucracy is the worst in Asia with a 9.21 rating out of 10, according to a report by a prestigious consulting firm based in Hong Kong.
India fared worse than Vietnam (rated at 8.54), Indonesia (8.37), Philippines (7.57) and China (7.11), said the report by Political & Economic Risk Consultancy Ltd released on Wednesday.
Singapore remained the best with a rating of 2.25, followed by Hong Kong (3.53), Thailand (5.25) Taiwan (5.57), Japan (5.77), South Korea (5.87) and Malaysia (5.89).
The report said India's inefficient bureaucracy was largely responsible for most of the biggest complaints that business executive have about the country.
The complaints included inadequate infrastructure and corruption, where officials were willing to accept under-the- table payments and companies were tempted to pay to overcome bureaucratic inertia and gain government favours, the report claimed.
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