digital India -strong means to eradicate corruption
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Explanation:
Tackling corruption is high on government agendas. Such a pervasive problem demands new solutions, especially in light of the latest Corruption Perceptions Index, which shows that the majority of countries have made little or no progress in the fight against corruption since 2012. The ranking, which uses a scale of zero to 100, where zero is highly corrupt, found that more than two-thirds of countries score below 50, with an average score of 43.
A significant impediment to progress is the problem of cash. Every year, hundreds of billions of dollars of government payments and transfers are made in physical cash. These include government salaries, health payments, pensions and financial support for families in need. Such payments are often difficult to trace, insecure and inefficient. The anonymity of cash makes it vulnerable to skimming off the top, and to “ghost” recipients who don’t exist. This is not a minor issue. It causes more than $110 billion in losses every year in emerging economies.
Thankfully, increasing connectivity and technological innovation allow governments to deliver payments through secure, transparent and convenient digital channels. The money either reaches the intended recipient in full, or goes back to state coffers. The following governments are all leveraging digital financial technologies, illustrating the power of this shift.
India: The government saved almost $9 billion in less than four years, in social protection payments through electronic Direct Benefits Transfers.
Answer:
→ Strengthening the integrity of the judiciary and prosecution services, addressing corruption in the private sector and promoting participation of society are other important elements of the effective system for prevention of corruption.