66% businesses in India resort to bribe to get their work done: Report
A LocalCircles report revealed 66% of Indian businesses admitted to paying bribes in the last year. 54% felt coerced, while 46% bribed voluntarily for faster processing. Despite digitization, bribery persists, particularly with government agencies, impacting areas like supplier qualifications and payments. However, both frequency and value of bribes reportedly decreased.
A LocalCircles report revealed 66% of Indian businesses admitted to paying bribes in the last year. 54% felt coerced, while 46% bribed voluntarily for faster processing. Despite digitization, bribery persists, particularly with government agencies, impacting areas like supplier qualifications and payments. However, both frequency and value of bribes reportedly decreased. What's Your Reaction?
