Economy / India
Corruption: Two Steps Forward, One Step Back
April 2011 | Political Risk AnalysisBMI View: The recent arrests of two high-profile politicians in relation to last year's Commonwealth Games and 2G spectrum scandals should help bolster New Delhi's anti-graft image and ease investor concerns about the effectiveness of India's political machinery. We are concerned, however, about the wider implications of the government's submission to a group of anti-corruption activists, which could set a dangerous precedent over the long term.
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