BIGGEST CORRUPTION AND SCAMS IN INDIA

 

In This post we are talking about biggest and most highlighted corruption or scams in India. We have collected a list of top scandals since independence of India.

Corruption is the one of the major causes of downfall of previous ruling party in current years. Previous ruling party was elected in India to give education, electric, better Agriculture environment etc. But the objectives changed to self – satisfaction by doing scams.
Previous ruling party has completed their two tenures of reign in India but the party has always been in news for their different different scams.
Corruption causes many problems, it reduces the potential of an economy but our leaders can’t understand this. Once they elected they always try to earn a huge amount weither it is of public or private money.

Here, we completed a list of scandals which is listed below —-
1) INDIAN COAL ALLOCATION SCAM

An Indian truck driver prepares to load coal onto a truck at the Kankaria Railway yard in Ahmedabad on July 20, 2013. In 1973, India nationalised its coal industry and created state-run giant Coal India. Then in 1993 it allowed private companies to mine coal for their own use when state output could not supply demand. AFP PHOTO / Sam PANTHAKY (Photo credit should read SAM PANTHAKY/AFP/Getty Images)

Year – 2012
Amount – 1,86,000 crore
Issue – National
Scammer- Manmohan Singh, Sriprakash Jaiswal

This scam is the biggest scam in india. It jolted the foundation of social-political structure of the economy. Indian coal scam(or Coal-Gate) is a big political scandals. It is a matter of allocation of National coal deposit to Public sector enterprises(PSEs) & Private companies. The coal blocks allotted without auctioned.
This scam held under the Manmohan Singh government & highlight in year 2012.

2) 2G Spectrum scam

Year – 2008
Amount – 176000 crore
Issue – National
Scammer – Nira Radia, A. Raja, M. K. Kanimozhi and many more.

The 2G Spectrum scam did by the Politicians and government officials is also a big scandals after the coal allocation scam. It is a matter of auctioned of Communication bandwidth for lower than the market price and the money collected was very much from this. A.Raja minister (of communication from 2007 to 2009) accused.
However, the special court in New Delhi acquitted all the people in the 2G case including A.Raja and Kanimozhi on Dec 21st 2017.

3) Common Wealth games Scam

 

Year – 2010
Amount – 70,000 crore
Issue – New Delhi
Scammer – Suresh kalamadi, Sheila Dikshit (former CM of Delhi)

Commonwealth games 2010, held in New Delhi.
For this, It is estimated that out of rupees 70,000 crores spent on the games but only half of the said amount was spent on the ground level for the facilities and for sportsperson. Police arrested various games officials for alleged involvement in the financial irregularities.
Main faces of this scam is Suresh kalamadi and Sheila Dikshit.

4) SARADHA CHIT FUND SCAM

Year- 2013
Amount – 2500 crore
Issue – West Bengal
Scammer – Sudipto Sen, Kunal ghosh etc.

Saradha Group Financial scandals was one of the biggest cheat fund scam of the country caused by the failed of *Ponzi scheme* run by Saradha Group. This Group collection around 200 billion to 300 billion from 1.7 million depositors.

5) Fodder Scam ( Chara ghotala )

Year – 1996

Amount – 900 crore
Issue – Bihar
Scammer – Lalu Prasad Yadav, Jagannath Mishra

The Fodder Scam or *chara ghotala* was a corruption scandal that involved the fraud of about 900 crores from the Government treasury of the eastern state of India, Bihar. The Fodder Scam involved hundreds of millions of dollars in alleged fraud from the treasury of Bihar state for Fodder, Medicines and husbandry supplies.

6) ARMS DEALS SCANDALS

Year – 2012
Amount – 80,000 crore
Issue – Defence sector
Scammer – Abhishek Verma and Anca verma

Abhishek Verma a middle man Arms Dealer and his wife Anca Neacsu ( former miss universe Romania) and there partners found accused for the fraud of about 80,000 crore from the central government treasury. It was a Defence scandals. Abhishek Verma and Anca arrested for the multiple cases of Defence sector Purchases related Corruption and Money laundering.

Presently abhishek and his wife Anca is in Tihar jail, new Delhi.

7) NAVAL WAR ROOM LEAK SCANDAL

Year- 2006
Amount -18,000 crore
Issue – Defence sector
Scammer – Abhishek Verma, Ravi shankaram commander V.K Jha & Commander Vijendra Rana

This was a case of leak of 7,000 pages of sensitive defence confidential information from the Navy war room and its headquarter by the government officials. The leak was came into light in may 2005. When an official was maintaining an unauthorised pen drive containing secrets documents of Defence sector. Officials Earn by multibillion-dollar contracts relating to Scorpene Submarines deal of the Indian Navy worth US$6 billion.

A formal investigation was carried out and found Commanders JHA & rana guilt.

8) UTTAR PRADESH NRHM SCAM

Year – 2012
Amount – 10,000 crore
Issue – Uttar pradesh
Scammer – Maharani, Babu Singh kushwaha

Uttar Pradesh NRHM scam is a corruption scandal in the Indian state of U.P in which top politicians and officials are found guilty for the huge amount of rupees 100 billion from the *NATIONAL RURAL HEALTH CARE*, A program started for the Rural development mission, to increase living standards of rural economy by the Central government. Babu Singh Kushwaha and IAS Pradeep Shukla is also found guilt for their involvement in NHRM scam.

Report : Navneet Sinha

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