"South Asia now is the worst region in the world when it comes to corruption based on our studies," said Srirak Pilpat, Asia Pacific director at Transparency International (TI), while releasing a report titled 'Fighting Corruption in South Asia: Building Accountability'.
"How does a region with such strong economic growth still have such high levels of poverty? It is corruption, which allows the few to profit without answering for their actions," said Pilpat.
Governments in corruption-stricken South Asia must allow anti-graft agencies to investigate and prosecute corruption independently, TI said in the first comprehensive study on transparency and corruption prevention in the region.
The TI report analysed how well 70 national institutions in Bangladesh, India, the Maldives, Nepal, Pakistan and Sri Lanka stop corruption.
In South Asian countries, government and people who want to expose and investigate corruption face legal barriers, political opposition and harassment that allow bribery, secret dealings and the abuse of power to go unchecked, the report warned.
Despite economic growth averaging 6 per cent a year over the past two decades in the sub-continent, 31 per cent of people live on less than USD 1.25 a day, according to a World Bank report.
"Corruption in public bodies that should provide basic services to the poor means that economic growth is only enjoyed by the few," points out the report.
In Nepal, corruption in government organisations remained uncontrolled due to political interference, the TI Nepal chapter said.
According to the TI report, 90 per cent of Nepalese believe that political parties are corrupt or extremely corrupt and 85 per cent consider public officials and public servants to be corrupt or extremely corrupt.
Interestingly, 72 per cent believe that corruption in the country has increased over last two years.
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
