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India ranked 94th in list of 'most corrupt countries' in world

Source : ANI
Last Updated: Sat, Dec 08, 2012 05:12 hrs
A man deposits his money in a bank in Amritsar

Washington: India is the 94th 'most corrupt country' in the world for doing businesses, a new survey has revealed.

According to the 2012 Corruption Perceptions Index, created by Transparency International, India was ranked 94th, a step up from last year's ranking, while Russia was 133rd, 10 places higher than 2011.

The survey showed Denmark, Finland, New Zealand, Sweden and Singapore topping the list as the 'cleanest countries' to do business in the world, CNN reports.

According to the report, Somalia, North Korea, Afghanistan, Sudan and Myanmar ranked at the bottom of the list.

The United States was ranked 19th in the world, below Japan and the UK and ahead of Chile and Uruguay, the survey noted.

The survey also noted that while China has become the world's second largest economy, doing business in that country is now perceived to be more corrupt, as it dropped five spots to 80th place out of 176 countries surveyed in the 2012 Corruption Perceptions Index.

In Europe, Greece, whose ailing economy faces tough austerity measures to meet international standards to get bailout cash, plummeted to 94th place on the list, down from the 80th spot last year, the survey added. 




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