"I agree there is corruption...I won't say it got worse," he told BBC in an interview, when asked that 92 per cent of people surveyed believe that corruption situation worsened.
Corruption, the Minister said, "has been magnified...We are now looking at policy decisions on which there can be debate as instances of corruption and since these have been magnified by some constitutional authorities, there is a widespread perception that corruption has become worse".
Also Read
Congress led UPA government has faced series of corruption allegations. These include 2G spectrum allocation, coal block distribution, Adarsh society and conduct of Commonwealth Games. The alleged scams surfaced following reports of the Comptroller and Auditor General (CAG), a constitutional body.
Chidambaram retorted by saying that corruption was not only limited to India, but is being witnessed in other countries also.
On large number of Members of Parliament and state legislator facing criminal chargers, the Finance Minister said "that is no different of what we read, say in The Economist or The Time Magazine or in The Wall Street Journal, about law makers in other countries".
On the prospects of success of forthcoming general elections, the Minister said "(Congress Vice-President) Rahul Gandhi is young. He has now being named as the leader of the election campaign. He may lead us to victory in 2014. But even if he doesn't, can you assert that he cannot lead us to victory in the next election?".
Chidambaram further said the Congress led UPA has been in office for the past 10 years and might have made some mistakes and (also had) successes.
"People will vote and decide whether they want to re=elect us or not," he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)